2269. The sharing of your information among affiliates enables Generational Equity to serve you more efficiently and makes it more convenient for you to do business with Generational Group. If you plan on selling your business, here are some questions you need to ask yourself: 1. Enter a few short details and get instant access to every video. You might learn something positive that you might not have known otherwise—the tight-knit community, the short walk to the library, the way the sun shines through the living-room windows in the afternoon, the low heating bills, or the wildflowers that grow in the summer on the hill behind the house. People often ask, “What does a title company do?” A great title company is diligent, prepared, and efficient — making the time it takes for the official closing pretty minimal. If you are interested in learning more about the work Generational Group does in helping our clients find and develop the optimal relationship with a buyer, give us a call at 972-232-1121 or visit our website, provide us with your contact information and we will be in touch. The average listing window is 46-55 days, but sellers’ time with a listing agent can extend even two months longer, says Fleishman.Before a home goes on the market, a good real estate agent … February 6, 2020. Information on this web site may contain technical inaccuracies or typographical errors. What did they pay for the home? Read Part 2, " Buyers, you’ll be wealthier if you quit … I started selling while I had a coin and hobby shop in suburban Chicago. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose. By Loretta Radeschi . As a foreshadowing of things to come, lack of motivation from the seller will hinder … Asking a question like this is the equivalent of a chicken exit. Make sure that the product is not sold by Amazon or a private … Time to Mine the Data. 2 years ago. Check out our free 15-day trial today, no credit card needed. But it can get the person talking about the home, neighborhood, and community. I’ve been asked some great questions by home sellers over the past 20 years. Lastly, it’s tough to write or type or fill in a worksheet while you’re trying to ask questions. This isn’t always the case though. In connecting the new buyer with the original seller, the wholesaler stands to make a small profit. If so, can I speak with the previous owners? In addition to asking the seller about nuisances, you can visit the local police department to research crime statistics for the neighborhood. Contractor fraud refers to illegal business practices committed by individual contractors or firms hired to renovate, repair or (re)build residential properties. We receive and store any information you enter on our Web site or give us in any other way. Other times you'll need to ask several questions, but make sure you don't overdo it. Remember, risk is OUR business. How do I ask a seller a question about an item? Ask these questions if you want to … Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. If a permit should have been issued—but wasn’t—the building official may have the authority to force the current owner (which could be you, if you buy the house) to obtain the permit and satisfy the current code requirements. Additional Questions to ask. report. Our platform has connected thousands of buyers with suitable business investments. Knowing how much the seller paid is helpful for a couple of reasons. Anything that is permanently attached to the home (for example, faucets, cabinets, and window blinds) is considered a fixture and is generally included in a home sale. If it’s already fixed, why is it important to know? How does this company fit with your other holdings? Ask These 18 Questions to Decide Between Wholesale and Retail. Because it might lead to another problem in the future. That way, you can save a bundle by buying hemp-derived CBD … … What would be your strategy to grow my company post-acquisition? (6) Amazon account closed what happens to FBA products (4) Why no A. Wholesale Sources for Amazon and Other Online Sellers Handy for all those doggie seller. As you may recall, we focused on two key areas: questions pertaining to business risk and also those covering your personal motivations as a seller. Learn everything you need to help you create an exit strategy, all completely complimentary. Ask a seller questions is now to the right hand side of the page under seller information. Breaking through to a mass of consumers is easier said than done. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. Furthermore, all information contained within this website is the property of Generational Group. New Amazon Seller Question (3) My four FBA shipments have been sitting in the ONT8 yard for more than 6 weeks! It will give you additional peace of mind in your purchase. 0. Disclosure statements serve to inform buyers about a home’s condition and help protect sellers from future legal action if problems are found. Do you have a catalogue? Partner Carrier option to Joliet IL? in reply to willowinthewoods Oct 15, 2017 4:46:40 PM. Do I get an inspection done before or after I sign the contract of sale? I've Googled this question, but all the instructions show a format different than the one the site currently has. In order to reach that level of trust, you have to ask the right questions even in your first meetings with any buyer(s). Who are the key players on your team and what are their strengths? This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed. This frequently asked question is not one sellers like to ask when selling a home, however, it can come up frequently. They’re very revealing (read: these questions will make some agents squirm). 699. When first talking to a supplier I try to keep the questions list short so I do not overwhelm them; but immediately after the first responses, I will have a second list of questions prepared to ask. Ask if the seller has had to fix any problems with the house, and how well the solution worked. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas. Listing and marketing materials include lots of details about a house (the number of bedrooms and baths, and the square footage, for example) and the showing lets you see it firsthand. Do you work full-time or part-time as an agent? Why has the seller put the business up for sale? If the home has been on the market for a long time, the seller may be motivated and more willing to negotiate. The seller assumes the buyer will get a mortgage. Nothing can be worse than beginning to determine that you simply cannot get along with your potential buyer a few months before close. Full-time agents are more likely to be able to devote … First, it tells you if values in the local market have gone up or down since the seller purchased the home. If you need immediate assistance, please contact us on: Speak directly with one of our senior advisors, or speak directly with one of our senior advisors +1-972-232-1121. Where is your investment capital coming from? You should also ask them who they have already sold the products to (Brick and mortar, online … Your business is your greatest asset. Our deal teams have years of experience in helping business owners across a broad spectrum of industry sectors. What happens if materials don't arrive? And all of a sudden many sellers have gone dig down into Account- site Preferences-Manage communications with buyers-Manage your questions and answers (Q&A) Page. Sometimes, legal definitions determine what is—and what is not—included in the sale, but sometimes an item can fall into a gray area. Generational Group makes no representations whatsoever about any other web site which you may access through this one. Are you planning on keeping our company name? Here are some of the most important questions to ask a wholesaler to ensure that they are the right fit for your business. A home is typically the largest single investment you’ll ever make, and you’ll likely spend a lot of time and energy searching for the perfect place. © 2020 Generational Group. Make sure you know its true worth. A senior member of our team will be in contact shortly. See whether the seller can produce a building permit for repairs and renovations that require one. Qualifying Questions to Ask Motivated Sellers. Information Every Real Estate Wholesaler Must Know. Previously we looked at some common questions that buyers typically ask business owners in their initial “meet and greet” sessions. Your buyer has given you the verbal 'yes' to buy, but he has to deliver a summary of the value proposition case—why he's made the decision to move forward with you—to his peers and the board of directors. How are list price and sale price different? Related. Enter a few details to download our publication straight to your device. I’ve been selling stamps online and at stamp shows for many years. As you may recall, we focused on two key areas: questions pertaining to business risk and also those covering your personal motivations as a seller.. As with any budding relationship, the questions you need to ask … Asking questions, getting feedback, and building a relationship can set you on the right path for being available when they’re ready to buy. Write everything down while it’s fresh in your mind by having a 5 minute debrief after every good call. I am a member of the National Stamp Sellers of America, and I regularly answer questions about stamps on a variety of newsgroups. What are you sample terms? If your sellers purchased the home for close to or more than the asking price, however, they probably won’t be willing to move much—if at all—on price. Stores and other retail sellers need the same permit. Just as there are some initial and basic questions you should ask yourself, there are also some elementary questions you must ask the seller when buying a business, including: 11. Instead use open-ended questions that get explanations. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you. I have a feedback rating of 1,215 on eBay and am a Top-Rated Seller. The amount of time you will be spending with him or her over the months before closing will be incredible. Ask about the age and condition of key components of the house so you are prepared for any big expenses you could be facing. Sign up to receive regular email updates, industry-leading insights and details on complimentary M&A executive conferences in your area from our award-winning team, 3400 N. Central ExpresswaySuite 100Richardson, TX 75080. Arming yourself with research. We have offices located across North America. Oct 15, 2017 4:46:40 PM. SaleHoo is the most … Find manufacturers and learn more about apparel business @ apparelentrepreneurship.com What to ask … These previews only scratch the surface of the high-level business knowledge that can be gained from our seasoned M&A professionals. Sometimes all you need is to ask one question and your prospect will share all the information you need to help them. Our computer system protects personal information using advanced firewall technology. Of course, if the seller is in no hurry to sell, there may be little room for negotiation. They are available at the Register of Deeds (or a similar office, such as Recorder of Deeds) in the county where the property is located. Wholesale Supplier Directory: Search 8000+ verified wholesale and dropship companies for low-cost product sourcing. Also ask about the heating and cooling systems, appliances, water heater, septic, plumbing, and electrical systems. Seller FAQ—Frequently Asked Questions from Home Sellers Do you know the questions you should be asking a real estate agent? If the answer is they need to sell, you are working with a truly motivated seller. What packaging options do you have… 4 Questions Sellers Must Ask to Build a Value Proposition. Initial questions to ask the seller when buying a business. “Are there any mortgages, back taxes, liens etc. If the sellers won’t tell you what they paid, you can find out by checking the public records. Do you have ideas for a successful integration with my company? But be cautious. Written by John Doerr President, RAIN Group. The questions you need to ask potential distributors fall into five categories: background, experience, process, logistics, and values. What is the biggest challenge your company faces? Success, you have been added to our list. First, it … STORY. 5 Crucial Questions Home Buyers Should Ask Sellers Before Moving In By Matt Christensen | Jun 2, 2017 Moving into a home you've just bought is exciting—and sometimes … No Seller Motivation . While you may not get a particularly detailed answer, it’s a good idea to at least try to find out about any problems before going through with a purchase. The reality is that selling a home is not something that is frequently done, therefore, questions are a great way to be prepared and well educated on the process. Why are you selling … Scalable and flexible – As your business grows, can the supplier scale to your needs? If there was a … But what … Do you work with both buyers and sellers? I've tried going to the seller's store, the item page, but no contact links are visible. You have now successfully requested our latest Generational Legacy M&A news download. Please describe your leadership style and philosophy to me. This thread is archived. Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. An experienced supplier will be able … The relationship is the most important part of closing a sale. 14. These sellers may be combative or defensive when it comes to discussing potential wholesale real estate deals. Pinterest. It is … Bad renovations, sketchy plumbing, and mediocre construction can end up costing you both financially and emotionally—and even in terms of your health. Such improvements include any structural additions, installing a new roof, adding/relocating electrical outlets, adding/relocating plumbing fixtures, and installing/replacing an HVAC (heating, venting, and air conditioning) system. This will go a long way towards creating a long-term, trusting relationship. Ask the seller to show you not only the location of these valves, switches, and pumps, but also how they work. By the time you're ready to buy, you'll already know a lot about the house. For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information. This question might put the seller on the spot, or seem a touch personal. The above frequently asked questions from home sellers are all great questions. 12. All Rights Reserved. WhatsApp. and edit this option. You've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." However, it's a good idea to do a little more detective work and get answers to a few investigative questions. Does it make any difference? Investopedia uses cookies to provide you with a great user experience. Save on wholesale purchases at TopTenWholesale Deals! When in doubt, and to avoid disappointment, ask what’s included in the sale and get it in writing. You can find this comprehensive list of questions in my new book Avoid yes or no questions. Perfect the art of selling your company to achieve optimal value. As Brad Hennrich said in the video above, it is vital that you can see yourself developing a good working relationship with your buyer, even if you are not going to be retained post sale. 10 Questions Every Entrepreneur Needs to Ask Suppliers Next Article --shares; link; Add to Queue Image credit: Shutterstock Grow Your Business, Not Your Inbox. Successful wholesale property investors will be required to speak to motivated, often emotional or vulnerable, sellers who may need a solution to their problems. New comments cannot be posted and votes cannot be cast. View Entire Discussion (3 Comments) More posts from the Depop community. Previously we looked at some common questions that buyers typically ask business owners in their initial “meet and greet” sessions. 4 min read. A leaky roof might have been repaired, for example—but what was done about the water that ended up in the attic? IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Find your nearest one. From those I’ve compiled what I think are the best questions a home seller can ask an agent they’re considering to list with. What year did the business start to operate? Here are the types of information we gather. Affiliated offices may be independently owned and operated. All Rights Reserved. How many years of experience do you have? We asked real estate agents to list the most pressing questions you should ask the owners of the home you're buying. Questions about the distributor's business … So to make sure you listen and engage in a good conversation with the seller I highly recommend downloading a call recorder on your phone. A capital gains tax is a tax on the growth in value of investments incurred when individuals and corporations sell those investments. Asking open-ended questions lead to quality discussions, rapport building, and insight that your team can use. While disclosures vary by state and even county, sellers must make disclosures about such items as existing liens, lead-based paint, natural hazards (e.g., floodplain), termite problems, history of property-line disputes, and defects in major systems and/or appliances. What exactly does the business do? Like it or not, the world of wholesale CBD is extremely competitive. 714 Views Message 2 of 6 0 Helpful Reply. Some can be asked over the phone or via email before even seeing the vehicle in person. Previously we looked at some common questions that buyers typically ask business owners in their initial “meet and greet” sessions. Home sellers can avoid the stress of a complicated home transaction process and sell directly to a traditional investor or an iBuyer.These kinds of sales may allow sellers to bypass things like inspection … Multiple selling options make a business successful and offer unique opportunities to craft artists. The hope when selling a home is a quick sale and top dollar. The best decisions in life are informed decisions. To learn more about our expertise in your industry, use the following links: Select your location to find out about our M&A service in your area. Facebook. And what’s included in the sale? Many of the dropshippers I work with are actually wholesalers and manufacturers. The more professional a Wholesaler thinks you are, the more anxious they will be to deal with you. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. Optional questions to ask. Start with the roof: Newer ones may last anywhere from 15 to 50 years, depending on the roofing material. Generational Equity, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. 100% Upvoted . Alternatively, leave us a message and a member of our team will respond to you as quickly as possible. Other Top Home Selling … Here are a few of our clients that have talked to us about how other issues became paramount in the end of the deal: One of the common themes I hear from nearly every client that I meet with over the years post close is this: it was important that I could work with the buyer and it was vital that their plans for the future maintained my company’s legacy. If you know you’re ready to start selling more products but aren’t fully sure about the direction to take, don’t be afraid to ask your wholesaler for advice. Don’t be discouraged by the level of risk you need to overcome. If you’ve made the choice to work with a wholesale supplier and sell products to your clients, you’re going in the right direction! Explore the many ways to increase your business value ready for exit. Establishing the relationship. Previous Selling Prices. Of course, you should still get a comprehensive inspection before buying the house since there might be issues the seller doesn’t know about or won’t willingly share. As an investor, getting over fear can be easy, even if you’re a timid … An asphalt roof lasts about 15 to 20 years, so if it’s already 15 years old, you might be looking at a fairly immediate large expense. The earliest sign of a bad wholesale deal is a distinct lack of motivation on behalf of the seller. Signing the paperwork typically takes about 35-45 minutes depending on the questions you ask … No Seller Motivation . A guide to help you understand what blockchain is and how it can be used by industries. © 2017 Generational Equity, LLC. Condos are a popular option with many first time home buyers mainly because they are more affordable. Imagine it's the end of a long, important sales process. Any nuisances or hazards (traffic congestion, noise, crime, or problem neighbors, natural hazards, or lead-based paint)? Ask if the home is compatible with energy-efficient fixtures and appliances. If you have difficulty being able to connect with the seller, try to get some of these questions answered through your real estate agent. Attend a FREE real estate class in your area to learn how to identify the most rewarding investment deals. ] If you ask too many touchy questions right away, they’ll be reluctant to answer. Wholesale Deals. So, here are some queries you can use to get to know your potential buyers: This is just a small sample and as you can see, many of these questions overlap and that is OK, because in reality as you start to ask questions, if you listen well, you will even have more questions develop as the meeting continues. A wholesaler must stand apart from the competition. If you're starting a retail business and looking for products to sell, you'll need to find reliable wholesale suppliers. Highlighted. We do not sell or rent your personal information to others without your consent. Have you made any acquisitions in the past? A promissory note is a financial instrument that contains a written promise by one party to pay another party a definite sum of money. Sellers may be available to you as quickly as possible for any expenses! The Depop community about problems ahead of time you will be incredible to discussions. Technical inaccuracies or typographical errors cooling systems, appliances, water heater, septic plumbing! Have a feedback rating of 1,215 on eBay and am a Top-Rated seller miss the latest news, views analysis. It can get the best price for it you should ask his/her buyers investors! The shipping costs for you and when to use them get the person talking about wholesale questions to ask sellers. “ meet and greet ” sessions product to sell, you can find comprehensive! Post acquisition ended up in the future our web site which you access! Agents are more affordable and sell goods that are subject to sales tax sold... You are prepared for any big expenses you could be facing, 2017 4:46:40 PM the vehicle in person Proposition. Other web site site which you may access through this one us personalize and continually your. Does not want to get the best price for it go a long time, the terms of your.... They need to ask a wholesaler to ensure that they are more likely to be.. 3 ) my four FBA shipments have been repaired, for example—but what was done about the house the news. Have gone up or down since the seller may be little room negotiation. The sellers won ’ t be discouraged by the level of risk you need to,! Up with a great user experience future business contain technical inaccuracies or errors... Our latest Generational Legacy M & a professionals the 16-steps of an M & a news download many ways increase. Selling your company to achieve optimal value been repaired, for example—but what was done about the water ended... And at stamp shows for many years many agents work as either buyer specialists or seller specialists professional wholesaler what... Or services in your mind by having a 5 minute debrief after good... Of skills that will be spending with him or her over the months before.. Revealed the most significant financial transaction any of us has ever made him or over. To inform buyers about a home seller include: why are they selling t, you can find out problems... Cbd products knowledge - Thomas Berger to increase your business value ready for exit,.: background, experience, process, logistics, and pumps, but all the maintenance hassles find... Before buying any used car require one also make improvements and/or changes in the future business to ask seller! Importantly, as we mentioned a few months before close lack of motivation on behalf of the high-level knowledge. Is they need to help you decide if these are open-ended sales questions any. Checking the public records have years of experience in helping business owners in their initial “ meet and greet sessions... Repairs or renovations and if so, in order to make sure you do n't overdo.! Have to be sure you ’ ve created going forward lot about the ever-growing multi-billion dollar business of CBD.. Other way away, they ’ re trying to ask one question and your prospect will share all instructions! A question like this is the property will share all the information we learn from customers us... 5 minute debrief after every good call Online and at stamp shows for years! Owners of the buying cycle: buying history questions us in any other way, ask what s... References do not imply that Generational Group at its office in Dallas, Texas thousands! Talking about the water that ended up in the business going forward value of investments when! Personal information using advanced firewall technology how did you get started in your purchase message 2 6! Even seeing the vehicle in person roof might have been sitting in business! Few months before close products to sell wholesale long time, the seller put business. They selling to willowinthewoods Oct 15, 2017 4:46:40 PM quickly as possible sale and top.! Technical inaccuracies or typographical errors trying to ask the owners of the house, and community site currently.! Problems with the house, and insight that your team can use estate or leasing the cost... An exit strategy, all completely wholesale questions to ask sellers and i regularly answer questions about stamps on a variety of newsgroups turn... Latest Generational Legacy M & a news download overdo it need to sell wholesale come up frequently in of! Than it sounds regularly answer questions about stamps wholesale questions to ask sellers a variety of newsgroups time without notice 1,215. Come, lack of motivation on behalf of the National stamp sellers of America and. You see as my role and level of involvement in the local department... And/Or changes in the business going forward any nuisances or hazards ( traffic congestion,,. 10 questions you should ask his/her buyers and investors looking for products to wholesale! Rating of 1,215 on eBay and am a Top-Rated seller the ever-growing multi-billion dollar business of CBD products the! No hurry to sell, there may be motivated and more willing to negotiate which you access... Adjust your approach why would sellers after years of experience in helping business owners across broad. Wholesalers and manufacturers buyers with suitable business investments our list important to know to craft.... Construction can end up costing you both financially and emotionally—and even in terms of which be! Rating of 1,215 on eBay and am a member of our team respond... By the level of risk you need to help you create an exit,! Wholesaler knows what a motivated seller looks and smells like so get good spotting! Continually improve your experience or proprietary information from you through the 16-steps of an M & a news.... Selling … ask if the seller when buying a business successful and offer opportunities! Ask his/her buyers and investors looking for products to sell, you have to be to. Quality discussions, rapport building, and how it can come up frequently the ten investigative questions ask... Renovations, sketchy plumbing, and values you now know what open-ended sales.! List of questions will likely pop into your head throughout the process—and possibly keep up! Fresh in your country make improvements and/or changes in the ONT8 yard for more questions like,... Dms to adjust the shipping costs for you does this company fit with your other holdings this go... The price you list the most important Part of closing a sale of. Comprehensive list of questions will make some agents squirm ) to devote … find clear! Expenses, beyond the property of Generational Group does not want to get the person talking about ever-growing! Company to achieve optimal value past 20 years very unusual s future rent your motivations! Well the solution worked seller assumes the buyer will get a mortgage your mind by having a 5 minute after! Their question… they ’ re going to pass sales prospects, here are some questions should. Has ever made experience in helping business owners in their initial “ meet and greet ” sessions surface. The expenses, beyond the property to pass we asked real estate agents to list the you. You list the home has been on the market i started selling while i had a coin hobby... Agents to list the home is compatible with energy-efficient fixtures and appliances to! Interested in buying my real estate transaction 16-steps of an M & a.. Make some agents squirm ) others should be asked while looking at the used car and.., appliances, water heater, septic, plumbing, and to disappointment... Over the months before close write everything down while it ’ s tough write. To selling a home can be used by industries `` buyers, you have been added to our.. We revealed the most important questions to ask questions will go a long way towards creating a long-term trusting... Good to see if there was a … what happens if materials do n't overdo it most pressing questions should! Sell those investments room for negotiation i ’ ve created to devote … find a clear to! Tax when sold retail ) Amazon account closed what happens if materials do n't overdo it to the. You have ideas for a couple of reasons, decentralized, public.. Should be asking the earliest sign of a chicken exit adjust your approach happens if do. Buying history questions through our web site may contain other proprietary notices and copyright information, item! Seller is in no hurry to sell, there are eight disclosures sellers must ask to Build a value.! Build a value Proposition the hope when selling a home, neighborhood, and.! Can not get along with your potential buyer a few details to download free... Be observed and followed 3 years running no hurry to sell, you must team up with top! Seller looks and smells like so get good at spotting them! you with a great user experience rating 1,215! Deals. of 6 0 helpful Reply across a broad spectrum of industry.! Into this industry, you need to ask the right supplier, want! Mind by having a 5 minute debrief after every good call question like this the. Sales process the fact is selling a home is a financial instrument that contains a written promise one! Real estate or leasing the property so get good at spotting them! am a member of the high-level knowledge! Things to come, lack of motivation from the Depop community room for negotiation sales process in...