EP162: What to Do When the Seller Says, ‘It’s Already Under Contract’
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Narrated by:
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About this listen
In this episode of Properties to Profits, I unpack one of the most common objections wholesalers face: “The seller already has the house under contract.” I walk you through the exact conversation framework I use to uncover whether that’s true, how to stay compliant, and how to still serve the seller without overstepping.
I break down how to read a seller’s tone, ask the right follow-up questions, and position yourself as a credible, service-oriented backup plan. This episode is a must-listen for anyone in acquisitions, wholesaling, or direct-to-seller real estate looking to build long-term trust and win the deal when the first buyer falls through .
Episode Timeline
[0:45] “I already have the house under contract”—what that really means
[1:07] How to avoid interfering while still verifying the truth
[1:32] Spotting smokescreens and serving sellers honestly
[1:51] The power of asking direct follow-ups: Did you sign? Was it verbal?
[2:30] Gauging seller confidence—ask about closing date, buyer deposit, and more
[2:56] Offer to be the backup: “If anything falls through, we’re here”
[3:15] Set expectations and follow up with care, not pressure
[4:04] At Oasis Home Buyers, we lead with service over sales
[4:21] Our volume proves we don’t need the deal—we just want to help
[4:38] Ask to review the contract if the seller is unsure about the buyer
[5:05] Back up the buyer if they’re legit—build your reputation either way
[5:42] Be ready when the original buyer missteps or delays
[6:02] Your job: be professional, not pushy
[6:21] Confirm it’s a real contract and verify the buyer’s track record
[6:38] Use this as a chance to grow your buyer list
[6:54] Stay top-of-mind with consistent, service-driven follow-up
[7:16] Build goodwill—even if you don’t get the deal
[7:35] Let your character speak louder than your contracts
[7:51] Reputation matters—especially in a digital world
3 Key Takeaways
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Don’t assume the deal is locked up—ask thoughtful questions to uncover the truth.
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Serve first. When deals fall apart, sellers will remember who treated them with respect.
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Even when you don’t get the contract, how you show up can build long-term brand equity.
Links & Resources
Follow me on Instagram: @realestatemike02
Subscribe to the Properties to Profits podcast for more real estate strategy, mindset, and negotiation tips
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