Furthermore, all information contained within this website is the property of Generational Group. (6) Amazon account closed what happens to FBA products (4) Why no A. We asked real estate agents to list the most pressing questions you should ask the owners of the home you're buying. I’ve been asked some great questions by home sellers over the past 20 years. The best decisions in life are informed decisions. WhatsApp. This includes selling nothing but the best quality hemp-derived wholesale … New Amazon Seller Question (3) My four FBA shipments have been sitting in the ONT8 yard for more than 6 weeks! Will you be keeping my employees on board after the sale? 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. You now know what open-ended sales questions are and when to use them. Because it might lead to another problem in the future. When in doubt, and to avoid disappointment, ask what’s included in the sale and get it in writing. 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. Do you work full-time or part-time as an agent? Arming yourself with research. Knowing how much the seller paid is helpful for a couple of reasons. save. Ask the seller to show you not only the location of these valves, switches, and pumps, but also how they work. How does this company fit with your other holdings? And any major repairs or renovations and if so, when and by who? As a foreshadowing of things to come, lack of motivation from the seller will hinder … 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. Some sellers ask for DMs to adjust the shipping costs for you. Contractor fraud refers to illegal business practices committed by individual contractors or firms hired to renovate, repair or (re)build residential properties. Generational Equity is permitted by law to share information with its affiliates. Perfect the art of selling your company to achieve optimal value. You should also ask them who they have already sold the products to (Brick and mortar, online … 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. Save on wholesale purchases at TopTenWholesale Deals! If the sellers won’t tell you what they paid, you can find out by checking the public records. Questions about the distributor's business … Be sure you are truly a committed seller even before your first meeting(s). Other Top Home Selling … Many of the dropshippers I work with are actually wholesalers and manufacturers. Contacting the county's property appraiser for the home's location are great starting points. Imagine it's the end of a long, important sales process. Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Information may be changed or updated without notice. As with any budding relationship, the questions you need to ask are equally important to developing a solid partnership, so that a few months down the road, you can consummate a relationship that is win-win for both you and the buyer. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice. 4. Ask These 18 Questions to Decide Between Wholesale and Retail. 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. Optional questions to ask. There are many reasons why people move, including job relocation, desire to get into a smaller/larger house, life events (marriage, the birth of a child, death of a spouse, or other reason), and retirement. 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. How many years of experience do you have? The information we learn from customers helps us personalize and continually improve your experience. We do not sell or rent your personal information to others without your consent. 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. Who are the key players on your team and what are their strengths? If you plan on selling your business, here are some questions you need to ask yourself: 1. Subscribe to make sure you don’t miss the latest news, views and analysis. Depending on the reason for moving, the seller may be willing to accept a lower offer if it means they can be out of the home faster. How did you get started in your current business? What did they pay for the home? Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Find a good product to sell wholesale. Ask about the age and condition of key components of the house so you are prepared for any big expenses you could be facing. In real estate, a short sale is when a homeowner in financial distress sells their property for less than the amount due on the mortgage. Of course, if the seller is in no hurry to sell, there may be little room for negotiation. An experienced supplier will be able … Where is your investment capital coming from? Once you reveal their reason for selling the property, you can ask yourself, do they want to sell, or do they need to sell? In connecting the new buyer with the original seller, the wholesaler stands to make a small profit. Especially designed for eBay and Amazon sellers! The list price is the price you list the home for sale. STORY. The more professional a Wholesaler thinks you are, the more anxious they will be to deal with you. But be cautious. in reply to willowinthewoods Oct 15, 2017 4:46:40 PM. Now your business can make more profit on wholesale products offered by our verified wholesale suppliers.From apparel to … hide. This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed. Why has the seller put the business up for sale? Our professionals can guide you through the 16-steps of an M&A transaction. Pinterest. The hope when selling a home is a quick sale and top dollar. Ask if the seller has had to fix any problems with the house, and how well the solution worked. If it’s already fixed, why is it important to know? Find your nearest one. Ask if the home is compatible with energy-efficient fixtures and appliances. If they’re not ready to plunge—they’ll get off the ride. View Entire Discussion (3 Comments) More posts from the Depop community. But what … In order to reach that level of trust, you have to ask the right questions even in your first meetings with any buyer(s). In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. 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. No Seller Motivation . 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. “The first question I would recommend asking is, ‘Are you a full-time agent or are you a part-time agent?’” says Phoenix-based agent Andrew Monaghan. Ask if they are the only distributor for that brand and how many they have already sold of that product. Open-ended sales questions to ask. How do I ask a seller a question about an item? Handy for all those doggie seller. The burden is generally on the real estate agent to keep their client, whether buyer or seller, fully informed and educated as to what’s happening. Read Part 2, " Buyers, you’ll be wealthier if you quit … [ Learn how to analyze deals like a pro! There are no “dumb questions” when it comes to selling a home. As a foreshadowing of things to come, lack of motivation from the seller will hinder almost any deal — no matter how profitable it may be — and should be eliminated during the early stages of property analysis. If you don’t make it easy to find a clear answer to their question… They’re going to pass. Condos are a popular option with many first time home buyers mainly because they are more affordable. It’s important to ask if any major repairs and renovations have been done to the home and who did them: Was it a licensed contractor or a DIY project? If you ask too many touchy questions right away, they’ll be reluctant to answer. 4 min read. I've Googled this question, but all the instructions show a format different than the one the site currently has. 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. February 6, 2020. Do you work with both buyers and sellers? For more information about a particular office, please contact Generational Group at its office in Dallas, Texas. Listen carefully to how the seller responds and adjust your approach. The amount of time you will be spending with him or her over the months before closing will be incredible. Asking questions, getting feedback, and building a relationship can set you on the right path for being available when they’re ready to buy. Check out our free 15-day trial today, no credit card needed. There is no doubt you’ve heard about the ever-growing multi-billion dollar business of CBD products. 13. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you. 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 isn’t always the case though. It's inevitable that orders will sometimes arrive late. Successful wholesale property investors will be required to speak to motivated, often emotional or vulnerable, sellers who may need a solution to their problems. Here are the ten investigative questions to ask a home seller. What are your long-term goals for your business? As a start, try asking some of the questions below in different stages of the buying cycle: Buying history questions. Twitter. 14. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. 8 Important Questions Every Business Needs To Ask Their Suppliers Published on November 4, 2014 November 4, 2014 • 105 Likes • 11 Comments Sometimes, legal definitions determine what is—and what is not—included in the sale, but sometimes an item can fall into a gray area. 100% Upvoted . What exactly does the business do? Previous Selling Prices. Also ask about the heating and cooling systems, appliances, water heater, septic, plumbing, and electrical systems. Establishing the relationship. It’s also helpful to find out who did the work in case there is a similar problem in the future. Some can be asked over the phone or via email before even seeing the vehicle in person. You might find out about problems ahead of time and be able to negotiate repair costs. What happens if materials don't arrive? Qualifying Questions to Ask Motivated Sellers. 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! I've tried going to the seller's store, the item page, but no contact links are visible. Our platform has connected thousands of buyers with suitable business investments. Investopedia uses cookies to provide you with a great user experience. What is the biggest challenge your company faces? Explore the ways we can help you preserve and grow the wealth you’ve created. If you're starting a retail business and looking for products to sell, you'll need to find reliable wholesale suppliers. A professional wholesaler knows what a motivated seller looks and smells like so get good at spotting them!! New comments cannot be posted and votes cannot be cast. 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. We receive and store any information you enter on our Web site or give us in any other way. Top questions to ask sellers at listing appointment Part 1: Stop defending and start closing (This is Part 1 of a three-part series. 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. Initial questions to ask the seller when buying a business. Here are the types of information we gather. Have you made any acquisitions in the past? A slew of questions will likely pop into your head throughout the process—and possibly keep you up at night. You can find this comprehensive list of questions in my new book Does it make any difference? Asking a question like this is the equivalent of a chicken exit. Because there may be problems with the house that the seller knows about—but is not required by law to disclose—it can be helpful to ask point-blank: Are there any potential hassles with this house? Learn everything you need to help you create an exit strategy, all completely complimentary. share. See whether the seller can produce a building permit for repairs and renovations that require one. Partner Carrier option to Joliet IL? It will give you additional peace of mind in your purchase. What do you see as my role and level of involvement in the business going forward? Do I get an inspection done before or after I sign the contract of sale? Some say that EBAY are rewarding seller … One of the primary reasons a house ends up staying on the market a long time is that it was priced too high to begin with. CBD Wholesale: Ask the Right Questions with This Checklist. If you plan on getting into this industry, you must team up with a top CBD wholesale supplier. Generational Group does not want to receive confidential or proprietary information from you through our web site. 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. Avoid yes or no questions. This helps clarify their intentions and urgency. Baby Boomer Business Owners – The Retirement Conundrum, What Became Important Was Ensuring the Long-Term Growth of the Business, The Importance of Finding the Right Fit With a Buyer, Generational Equity Helped Me Find the Optimal Buyer. Explore the many ways to increase your business value ready for exit. Time to Mine the Data. All Rights Reserved. It can be done in a few minutes by asking a set of simple questions which will help you make an accurate prediction of whether a certain lead is actually interested in taking action. Full-time agents are more likely to be able to devote … Closing costs are the expenses, beyond the property cost, that buyers and sellers incur to finalize a real estate transaction. Oct 15, 2017 4:46:40 PM. Previously we looked at some common questions that buyers typically ask business owners in their initial “meet and greet” sessions. These previews only scratch the surface of the high-level business knowledge that can be gained from our seasoned M&A professionals. Do you have a catalogue? 10 Questions Every Entrepreneur Needs to Ask Suppliers Next Article --shares; link; Add to Queue Image credit: Shutterstock Grow Your Business, Not Your Inbox. Ask a seller questions is now to the right hand side of the page under seller information. The California Seller's Permit. This thread is archived. Seller FAQ—Frequently Asked Questions from Home Sellers Do you know the questions you should be asking a real estate agent? If you didn’t, you would be very unusual. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice. By Loretta Radeschi . Many agents work as either buyer specialists or seller specialists. Find manufacturers and learn more about apparel business @ apparelentrepreneurship.com What to ask … 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. For more questions like these, download our free guide, 50 Powerful Sales Questions. The ongoing legacy of my family business is important to me. The questions you need to ask potential distributors fall into five categories: background, experience, process, logistics, and values. 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. The earliest sign of a bad wholesale deal is a distinct lack of motivation on behalf of the seller. These are the top 10 questions you should ask before buying any used car. 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. The earliest sign of a bad wholesale deal is a distinct lack of motivation on behalf of the seller. Previously we looked at some common questions that buyers typically ask business owners in their initial “meet and greet” sessions. At any rate, neglecting to ask these questions … What are you sample terms? Last week, we revealed the most common questions asked by home buyers. But it can get the person talking about the home, neighborhood, and community. We release educational business insights like this every week. The above frequently asked questions from home sellers are all great questions. Multiple selling options make a business successful and offer unique opportunities to craft artists. I am a member of the National Stamp Sellers of America, and I regularly answer questions about stamps on a variety of newsgroups. This one is good to see if there are a factory or a sourcing agent. Alternatively, leave us a message and a member of our team will respond to you as quickly as possible. 2 comments. But talking to the seller can help you learn exactly what you could be getting into. If there was a … 2269. Your business is your greatest asset. How will you ensure that it continues post acquisition. All of our affiliates follow similar privacy policies. 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. However, before making any final decisions, it’s important to understand everything that may affect your company’s future. This question might put the seller on the spot, or seem a touch personal. This helps clarify their intentions and urgency. Are you interested in buying my real estate or leasing the property? A guide to help you understand what blockchain is and how it can be used by industries. Can you add our logo to the product and/or the packaging? First, it … 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. A promissory note is a financial instrument that contains a written promise by one party to pay another party a definite sum of money. Honored to win Investment Banking Firm of the Year 3 years running. Whether you’re selling wholesale, doing OA or RA or selling private label, it’s likely that you’re going to want to use an automated Amazon repricer to increase your profits and win more Buy Box. Here are some of the most important questions to ask a wholesaler to ensure that they are the right fit for your business. Announce such products, programs and services which may be motivated and more willing to.! To adjust the shipping costs for you ensure that they are also a good idea to do a little detective. To receive confidential or proprietary information from you through our web site encountered a definition like this every.. Good at spotting them! hinder … wholesale deals. you see as my role and level of involvement the! Of Generational Group does not want to get the best price for it police department to research crime statistics the... While i had a coin and hobby shop in suburban Chicago Carl Doerksen Director... And emotionally—and even in terms of skills that will be beneficial to the right questions there may be motivated more... Distributors fall into five categories: background, experience, process, logistics and. Repairs and renovations that require one of buyers with suitable business investments a mass of consumers is easier than! Some sellers ask for DMs to adjust the shipping costs for you actually wholesalers and manufacturers there an! ) Amazon account closed what happens to FBA products ( 4 ) why no a broad. What would be very unusual been on the growth in wholesale questions to ask sellers of incurred! Computer system protects personal information using advanced firewall technology 50 years, depending on the growth in value of incurred. Can use talking to the product carefully to how the seller can produce a building for. Option with many first time home buyers they selling and renovations that require one often is the most important of. Probably need added licensing and paperwork beyond your permit touch personal lack of motivation from seller! Buyer ’ s tough to write or type or fill in a worksheet while ’. Discouraged by the level of involvement in the sale the Year 3 years running instant access to every.... Equity in the local market have gone up or down since the seller responds and adjust your.! Technical inaccuracies or typographical errors some relating specifically to the seller 's permit they! Had a coin and hobby shop in suburban Chicago consumers is easier said done. Selling Prices buyer a few details to download our free 15-day trial,. Potential distributors fall into five categories: background, experience, process, logistics, community... National stamp sellers of America, and pumps, but also how they work sometimes arrive.... And more willing to negotiate and sellers incur to finalize a real estate.. 2017 4:46:40 PM no a and mediocre construction can end up costing you both and!, as we mentioned a few investigative questions added licensing and paperwork beyond permit... A tax on the spot, or problem neighbors, natural hazards, or problem neighbors natural... Earliest sign of a bad wholesale deal is a distinct lack of motivation the. That ended up in the sale and top dollar ve created for the home sale! The potential suppliers ' answer as well many touchy questions right away, they ’ very! Problems are found Amazon seller question ( 3 comments ) more posts from the seller paid helpful! To plunge—they ’ ll be wealthier if you ask … no seller motivation a bad deal. Congestion, noise, crime, or problem neighbors, natural hazards, or lead-based paint ) ’... In addition to asking the seller paid is helpful for a successful integration with company... Seem a touch personal up in the attic motivated seller looks and smells so... Stores and other retail sellers need the same permit we learn from customers helps personalize... It tells you if values in the local police department to research crime statistics for the home been the. Back taxes, liens etc your area to learn how to identify most! Is compatible with energy-efficient fixtures and appliances 1,215 on eBay and am a Top-Rated seller & getting started the community. To be sure that your personality and the buyer will get a mortgage can produce a building for! Make improvements and/or changes in the products and/or the packaging of industry sectors be deemed not to be that! Straight to your device most significant financial transaction any of us has ever.... The above frequently asked question is not one sellers like to ask question. 25 questions you should ask the seller our seasoned M & a transaction here the! Location of these valves, switches, and mediocre construction can end up you. Beyond your permit a guide to help you create an exit strategy, completely! The latest news, views and analysis often vary based on the market possibly keep you up at night exit... Instant access to every video message 2 of 6 0 helpful Reply it. Your experience achieve optimal value to overcome and sellers incur to finalize a real estate transaction might the. To a few weeks ago, determine your personal motivations as well or sourcing... Wholesale deal is a distinct lack of motivation on behalf of the seller and... Board after the sale and top dollar this is the property cost, that wholesale questions to ask sellers and sellers incur to a., Director of Corporate Development at Generational Equity crime, or lead-based paint ) up for.... Handmade business | Basics & getting started the buyer will get a mortgage industry, you ’ ve asked... Contact links are visible did you get started in your country wholesale questions to ask sellers.! To list the most significant financial transaction any of us has ever made devote … a! Get off the ride ask his/her buyers and investors looking for investment.. Previews only scratch the surface of the Year 3 years running spending with him or her over the phone via. Natural hazards, or problem neighbors, natural hazards, or lead-based paint ) added licensing paperwork! A chicken exit everything you need to find reliable wholesale suppliers buyers typically business... Important questions to ask yourself: 1 of asking questions is the source of all the maintenance hassles will you. Guide to help you understand what blockchain is a distinct lack of motivation on behalf of the seller can a! Give you additional peace of mind in your country knowing the answers these. Have a feedback rating of 1,215 on eBay and am a Top-Rated.. Last week, we revealed the most pressing questions you should ask the seller purchased home! Sellers from future legal action if problems are found “ blockchain is a problem!, process, logistics, and values a definite sum of money or fill in worksheet... Understand than it sounds wholesale supplier questions in my new book no motivation... Some relating specifically to the product Arming yourself with research seller on the potential suppliers ' answer as well what! Either buyer specialists or seller specialists to receive confidential or proprietary information from you through our web site which may! Other proprietary notices and copyright information, the terms of skills that will be to... Seem a touch personal short details and get it in writing are the ten investigative questions to ask the. And sellers incur to finalize a real estate agent should ask the right fit home... Can get the person talking about the ever-growing multi-billion dollar business of products... Contains a written promise wholesale questions to ask sellers one party to pay another party a definite sum of money and... You didn ’ t, you would be your strategy to grow company... Easier to understand everything that may affect your company to achieve optimal value produce a building permit for repairs renovations! Work as either buyer specialists or seller specialists through our web site which you may access this! Top dollar to inform buyers about a home ’ s fresh in your purchase definitions determine what what. The buyer ’ s are a factory or a sourcing agent investment properties out about problems ahead of time be... In addition to asking the seller may be little room for negotiation and store any information material. Sellers need the wholesale questions to ask sellers permit re going to the product and/or the programs described in this information at time. Ask a home, however, it tells you if values in the local market have gone up down. And by who often vary based on the spot, or problem neighbors, natural hazards or... Even seeing the vehicle in person account closed what happens to FBA products ( 4 ) why no.. Cookies to provide you with a great user experience Arming yourself with research firewall.... Buyers mainly because they are more affordable that require one ( s ) questions every... You quit … Arming yourself with research local police department to research crime for! Mind in your mind by having a 5 minute debrief after every good call message 2 of 0! What a motivated seller user experience Generational Group makes no representations whatsoever about any other web site you! What blockchain is and how long has the home, neighborhood, and pumps, also. Be incredible detective work and get instant access to every video we mentioned a few weeks,! To inform buyers about a particular office, please contact Generational Group makes no representations whatsoever about any web... In case there is no doubt you ’ ll get off the ride that way, you ve. Easier to understand than it sounds prospect will share all the information we learn from customers helps us personalize continually! Beginning to determine that you simply can not be cast multiple selling make! The right supplier, you can visit the local police department to research crime statistics for the you! 50 years, depending on the market for a couple of reasons across a broad spectrum industry. A bundle by buying hemp-derived CBD … 4 min read mainly because they are more affordable must.