Reverse Wholesaling Explained: Finding Buyers Before Deals - REsimpli
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Reverse Wholesaling Explained: Finding Buyers Before Deals

UPDATED July 15, 2025 | 3 MIN READ
Sharad Mehta
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Sharad Mehta
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In traditional wholesaling, you start by finding a deal, putting it under contract, and then trying to find a cash buyer. But what if you flipped the model and started with the buyer instead?

That’s exactly what reverse wholesaling does.

It’s a smarter, faster, and more reliable strategy for real estate investors who want to reduce risk and close more consistently. This guide explains what reverse wholesaling is, how it works, and how to implement it step-by-step.

What Is Reverse Wholesaling?

Reverse wholesaling is a strategy where you begin by building a list of serious, ready-to-buy cash investors. Once you know what those buyers are looking for, you go out and find deals that match their exact criteria.

Instead of hoping someone wants your deal, you already have a buyer in mind before you lock anything up.

Think of it like flipping the script. Rather than being a deal finder, you become a custom deal provider.

Reverse Wholesaling vs Traditional Wholesaling

FeatureTraditional WholesalingReverse Wholesaling
Step OneFind a motivated sellerBuild a cash buyer list
Contract ProcessPut the property under contract firstMatch the property to the buyer
Exit StrategyFind a buyer after the contractAssign the deal to a pre-qualified buyer
Speed and CertaintyMediumHigh
Risk of Dead DealHigherMuch lower

Why Reverse Wholesaling Works So Well

1. You Know What to Look For

With clear buyer criteria, you are not guessing what deals might work. You only pursue properties that match what your buyers already want.

2. Faster Closings

Since your buyers are already vetted, there is no delay in assigning the contract and moving toward closing.

3. Reduced Risk

No more scrambling at the last minute to find a buyer before the inspection period ends. You are always one step ahead.

4. Better Use of Marketing Spend

You can target your lead generation efforts more strategically based on what your buyers actually buy.

Step-by-Step Guide to Reverse Wholesaling

Step 1: Build Your Cash Buyer List

Start by identifying active cash buyers in your chosen market. Look for:

  • Flippers
  • Landlords
  • Buy-and-hold investors

Where to find them:

  • County records of recent cash sales
  • Facebook investor groups
  • REI meetups and forums
  • REsimpli’s buyer tagging and tracking tools

Your goal is to create a list of buyers with their preferences:

  • Zip codes
  • Price range
  • Property type
  • Condition tolerance
  • Timeline to close

Store this information in your CRM, using tags or custom fields to filter later.

Step 2: Interview and Vet Each Buyer

This is where most new investors go wrong. Do not just collect emails ,qualify your buyers.

Ask them:

  • Are you buying with cash or hard money?
  • Do you close in your personal name or through an LLC?
  • What’s your ideal price point and condition?
  • How many deals do you buy per month?
  • Can you show proof of funds?

Use REsimpli to log call notes, email follow-ups, and upload documents like proof of funds under their buyer profile.

Step 3: Source Deals That Match Buyer Criteria

Now that you know what your buyers want, start finding off-market deals that match.

Use tools like:

  • List stacking to combine absentee and tax-delinquent properties
  • Driving for Dollars to spot distressed homes in key zip codes
  • Skip tracing to find accurate contact information
  • Drip campaigns and cold calls to reach sellers

With REsimpli, you can skip trace, tag, and follow up all from one dashboard.

Step 4: Lock Up the Deal

Once you find a seller and negotiate a price that allows your buyer to profit, lock up the contract.

Use a state-compliant purchase agreement with an assignment clause.

Tips:

  • Include an inspection period
  • Get the seller’s timeline and expectations
  • Use REsimpli’s e-signature feature to move fast

Step 5: Assign the Contract to Your Buyer

Once under contract, present the deal to your vetted buyer with:

  • Property photos
  • Repair estimate
  • Comps and ARV
  • Suggested exit strategy

They already told you what they want. If the deal matches, you can assign the contract for your fee often within 24 to 48 hours.

Step 6: Close and Get Paid

Send the assignment agreement to your title company or attorney. Once your buyer wires funds and the deal closes, you get paid.

REsimpli helps you track:

  • Assignment fees
  • Buyer performance history
  • Repeat business metrics

Who Should Use Reverse Wholesaling?

This strategy is ideal for:

  • New investors with no marketing budget
  • Virtual wholesalers in out-of-state markets
  • Investors who want higher conversion and fewer wasted contracts
  • Anyone looking to build long-term buyer relationships

How REsimpli Helps You Reverse Wholesale Smarter

REsimpli is purpose-built for investor workflows like reverse wholesaling. You can:

  • Tag buyers by criteria and location
  • Score leads and assign follow-up tasks
  • Skip trace seller lists in-platform
  • Launch SMS, email, and direct mail in seconds
  • Track assignment revenue and close rates

Reverse wholesaling is about matching the right deal to the right buyer. REsimpli makes that process organized, efficient, and scalable.

Start your 30-day free trial and run your reverse wholesaling business with clarity.

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FAQS

It’s a strategy where you find buyers first, then secure deals that match their buying criteria, reducing risk and improving close rates.

Look at public records, attend REI meetups, search investor Facebook groups, and use tools like REsimpli to manage and tag buyers.

Yes, you still put properties under contract but with the confidence of knowing a buyer is already lined up.

REsimpli allows you to tag buyers by zip code and preferences, track follow-ups, skip trace sellers, and automate your entire deal flow.

Absolutely. Reverse wholesaling is especially effective for virtual investors working in multiple markets.

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