HomeEducationRelated VideosMore From: Graham Stephan

Ever wondered about those “We Buy Houses - Fast Cash!” signs?

8572 ratings | 463631 views
Ever wondered about those “We Buy Houses Fast Cash” signs stapled to telephone poles? Well wonder no longer, this is what they are and why people post them - enjoy! Add me on Instagram / Snapchat: GPStephan Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c So lets start here: the purpose of these signs is to attract people who NEED to sell, and NEED to sell fast - often in less desirable, or up-and-coming areas, and often at a discount to market value. These signs are also called Bandit Signs. These areas are more likely to find distressed sellers who donʼt have the luxury of waiting around for an offer, canʼt come up with cash to perform any repairs, or might only be weeks away from losing the property to the bank - and they NEED to sell ASAP and take a loss from what they could otherwise get in any other scenario. The purpose of the signs is to attract sellers who are desperate to sell, and don’t mind taking a discount to sell quickly. But whoʼs on the other side of the deal, whoʼs the one actually buying these properties? These are the three types of people: First, the wholesaler. They will evaluate the property and negotiate a price to buy the home, usually with an assignment clause, allowing them to transfer the deal - and the price - to someone else, for a higher price than they’re in contract for. This gives them the OPTION to buy that home at the pre agreed upon price, and then they can ASSIGN that deal to someone else for a profit. The second type of person buying these properties are simply individual investors. These are people, like me, whoʼd like to cut out the middle man and cut out the competition. They place these signs to buy properties directly from the home owner, saving them time, commission, and hassle of selling and listing the property. The homeowner will sell the property less because they have the convenience of not dealing with a formally-listed sale, they donʼt have to pay 5%-6% fees to a Realtor, and the investor can save on all of those costs by making the sale as timely and efficient as possible. And the third type of person posting those “We buy houses” signs are larger companies who typically give a quick close, cash offer - these are the most efficient of the ads. They can typically give a hard offer within 24-48 hours and close within a week or two. In exchange for this, theyʼll typically want a discount of 10-40% from market price. Once they buy the property, theyʼll do a quick renovation and put it back on the market for a profit. Rinse and repeat. These companies are often well-oiled machines when it comes to finding properties and making offers, and their “WE BUY HOMES CASH” signs are a very high ROI investment to getting motivated seller leads. And that is exactly why you see “WE BUY HOMES CASH” signs posted around neighborhoods. For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3
Category: Education
Get embed code!
Text Comments (2026)
Repeats himself over and over. 10 minutes to say what could be said in 2 minutes. blah, blah, blah.............
Jason Conner (2 days ago)
I laugh every time you do your "dislike, unsub" rants. They're great.
Graham Stephan (2 days ago)
haha thanks man!
Edmund Guzman (3 days ago)
Graham Stephan (3 days ago)
Trone (6 days ago)
Graham, this was solid. Thank you. Never mind the ignoramuses who are criticizing.
Graham Stephan (6 days ago)
Anthony (6 days ago)
Can you talk any faster and explain you what the hell you are talking about.
Noreen Happel (7 days ago)
Basic Empathy!!!
Mac Man (10 days ago)
Isn’t the first one just same as listing it on the market
Carol Kunde (10 days ago)
Not what I was looking for. Thankfully, I advanced ahead after so much blah, blah, blah.
Rabid Rabbit (12 days ago)
is the music in this video by any chance by archy marshall, aka king krule, edgar the beatmaker, or also knows as dj jd sports? it sounds just like one of his beats i listen to alot.
ABC AUTOTUBE (12 days ago)
Lol its funny how you act out how other people react negatively to what are talking about. You are awesome actor. 😅
Graham Stephan (12 days ago)
Haha thanks!!
Norma Smith (12 days ago)
Steve Betancur (14 days ago)
Total scam you loose alote of money take advantage of bad fortunes they are terrible houses
steve smith (15 days ago)
that's why you don't sign a contract without reviewing it carefully
Jim Vetromila (15 days ago)
Anytime I see a sign stapled to a telephone pole, I know I'll be dealing with a legitimate business man.
Graham Stephan (15 days ago)
remcoai (17 days ago)
I thought you have something brilliant ...all you are saying are a lot of BS
Erona Calloway (18 days ago)
Use to see a lot of them around town, not so much anymore
MrHat (18 days ago)
option scam
Dennis R (19 days ago)
You look creepy with the circular light reflection in your eyes.
Graham Stephan (19 days ago)
JoshNortonalias (20 days ago)
I worked for one of these places putting up the signs. it was shady.
Graham Stephan (20 days ago)
Gary Gagnon (20 days ago)
He could have sum this up in about a minute but, he like to talk.
petey Y (20 days ago)
Very soon nothing will sell. Or I’m wrong.
Graham Stephan (20 days ago)
You’re wrong.
PaullyBB (21 days ago)
Don't let this clown fool you. These people want your house to turn them into rentals. They are trying to erase home ownership. I got these calls & I ream their ass out big time! Not with my house they aren't!!!
M Ray (21 days ago)
I couldn’t get past 2 minutes. Blah, blah, blah. Dragging the obvious on forever.
Wilhelm Ernst (22 days ago)
Those signs are usually posted ilegally on public or private property without permission. Pull them up and recycle them - coroplast is waterproof. I use it to make storage boxes by assembling with zip ties. Look up coroplast on YouTube to get many useful ideas.
J (22 days ago)
Lose the lens ring light. it doesn't make you look sexy. Just makes you look alien. Dump the BG music. Get to the verb. You took ten minutes to say something that should only take 2 minutes. Thumbs down.
john Baldock (22 days ago)
#1,#2,#3 Are Just Bottom feeding SCUM!
Antioco Sosa (22 days ago)
I always knew that those signs were to take advantage of people in bad situations.,
mimi maliar (22 days ago)
I got one time on the door ad "we buy ugly houses" I was insulted and outraged how dare they put this on my house😂
SirWrecksy (22 days ago)
so basically this video is nothing more than one of those cheap signs stapled to a pole to attract desperate people
Tony G (22 days ago)
Thank you for an informative well versed clip.
Graham Stephan (22 days ago)
Thanks for watching!
frank franko (22 days ago)
😎For Sale😎South South Chicago 😎$1.00 per house 🏡😎if U give ur word to make a dumpster all over 😍😎n recycled the shit area 😍😎
oscar fish hunter (22 days ago)
This video is 10:17 to long
Graham Stephan (22 days ago)
Alexandria Ashcroft (22 days ago)
frogman Mun (22 days ago)
im looking for a house in the countryside.i dont like California.can u help??
mike hawk (22 days ago)
How many times u gonna repeat the same thing just word it differently, YOUR A RAMBLING IDIOT!
Graham Stephan (22 days ago)
THE BEARDED TEXAN (22 days ago)
About 2 years ago I called their bluff and had a buddy that owned 275 rental homes and called we buy ugly homes and they declined to make a offer at all . Each was valued at 60k each and they told me they were looking for people in the worse situation so that they could buy a home valued at 60k at 5-7 grand 😂🤣😂😂😂Those people are scammers !!!
Graham Stephan (22 days ago)
Jeez crazy!
david mundy (22 days ago)
Your video is very useful if it is true that SOME wholesalers make reasonable offers. I always thought they were all SCAMS. I would love to sell my house which is worth about 75-100K. It needs minor repairs and painting in a decent neighborhood. I am old and not much income to do repairs. Desperately want to move to Florida for retirement and escape winter here in St. Louis. I wouldn't have to deal with inspectors, real-estate agent fees, or showing the house! I think the trick would be to ignore the low-ballers and look for one who makes a reasonable offer! Thanks for the information.
Gregg 3 Gs (13 days ago)
They are scams. People who post illegal signs obviously aren't concerned with following laws.
Graham Stephan (22 days ago)
Thanks for watching!
A P (22 days ago)
There are scammers everywhere do one on real estate agents too , many of them are just as bad
J_F_k You shall not be forgotten. (23 days ago)
Is that a wig on his head
David Coomber (23 days ago)
Well that's twenty minutes of my life I'm never going to get back, most of the information could have been put in three minuets
Right to Record (22 days ago)
It's a 10 minute video. Did you watch it twice to get to twenty minutes?
Danial Howe (23 days ago)
didnt even watch the vid... i already have PLENTY of experience with the jerkoffs that post these... im an investor myself and i always call to see whos behjnd these... 95prct of the time its some no money having bird dog wanna be hoping to snag a deal he can drag to someone who really does have money... trounle is they all have NO IDEA what ghe hell they are doing... same goes with the idiots that send me same thing in mail! when you call them they stall, or worse never answer the phone.... haha... oh well, if thats my competition i'll sleep just fine tonight
Mike White (23 days ago)
Too much babble. Do you get paid more to drag things out? Shorten things up get to a point quickly. We are not dumb.
Nikki Collard (23 days ago)
Had one of these companies call me once. Let the guy come check my place out and make his offer. He offered me a low price, way under my asking so I laughed in his face and told him to come back when he was ready to make a real offer.
William Curtin (23 days ago)
Another words they are salesmen with high retainers
Dave Davis (23 days ago)
Called the number , left message . Know what ? they never ever called me back .
Ken Lompart (23 days ago)
2:30, the Conners really let the place go.
1Man Army (23 days ago)
Good info. Looking at branching into RE for future cash flow streams.
Graham Stephan (23 days ago)
John Doe (24 days ago)
'Slightly' below market value??? Total BS! Typical investment buying... 50% of market value.
Weight Loss Ninjas (24 days ago)
You ramble too much dude. I could make it past 3:48 because you kept repeating yourself. I hope you've refined your technique since July
moosemieser (24 days ago)
Aka poor people financially killed by dumbAScraps, but plenty of cash for illegals
REAL AMAZING WORLD (24 days ago)
How do people put a for sale cardboard sign very high on a telephone pole is beyond me
Graham Stephan (24 days ago)
Jo Ro (24 days ago)
He should take that as constructive criticism.
Michael Joseph May (24 days ago)
You did a great job on this vid. Great info and delivery.
Graham Stephan (24 days ago)
mike doe (25 days ago)
On your next video, a Low IQ will have you making a 11 minute video.
mike doe (25 days ago)
WOw , you are Long-winded. Most potential viewers do Not want to suffer though jibbish.
Graham Stephan (25 days ago)
masarati 73 (25 days ago)
The entire real estate industry is a big SCAM they try to get money anyway they can: lying, deceiving, being aggressive, putting some theatricals, stupid fake smiles, throwing different fits and bringing idiotic cheap gifts to naïve sellers, etc etc … I hate realtors as much as lawyers, they are all criminals, unproductive, shameless disgraceful. But the worse part is that there is some naïve people that want to believe what this scammers tell them.
sundo9999 (26 days ago)
and I unsubscribed.
sundo9999 (26 days ago)
Your background noise prompted me to stop the video at 2:21 out of 10:16. === Won't continue the rest and will give you a Thumbs down.. Maybe next time you will show better common sense not to use background noise that stretches listeners' focussing power to the max.
Graham Stephan (25 days ago)
MikeS91712 (26 days ago)
"slightly" under market value.....right. More like 25% take it or leave it.
Big AL (26 days ago)
The more this guy talks the more commercials he can squeeze in to make money on.  BlabLabla.
Big AL (26 days ago)
Long boring video. I was falling asleep.
AKI (26 days ago)
I do like your Cartman… It is very snowflake appropriate.
Graham Stephan (26 days ago)
Hahaha yesss
Whole Food Plant-Based Man (26 days ago)
I loved your impersonation of the typical YouTube commenter. LOL!
Whole Food Plant-Based Man (22 days ago)
Chris Martin (22 days ago)
Yea funny except usually their comment has nothing to do with the.subject...oh ur hair is weird oh u look pale oh u use ur hands too much yuck so super critical probly nightmares to live with
Graham Stephan (26 days ago)
Rodney Johnston (27 days ago)
You talk like your own speed
Graham Stephan (27 days ago)
scoonie (27 days ago)
Lol my uncle does this
Pop Gun (27 days ago)
I busted out laughing at your unsub mockery, it was epic!
Graham Stephan (27 days ago)
cooldog60 (28 days ago)
I don't care what the sign looks like . They have cash and want to buy my house great. Believe me the price will be high.
Graham Stephan (28 days ago)
No use for lazy people None. (28 days ago)
He sounds like a "Motivational" Speakers,,,talks so LONG you finally give in and BUY whatever he is selling whether it WORKS or NOT.
Graham Stephan (28 days ago)
No use for lazy people None. (28 days ago)
Rod Buys Cash (28 days ago)
We buy Houses and Multi Unit Properties! See our page for details! 🏡🏘️➡️💰💰💰
Jay A. (28 days ago)
You give "Ramblin Man" a new meaning!
Scott Taylor (29 days ago)
wowza, what happens when you make an episode for the Youtube bots, ranking, time of watch, and whatever reason this was made. Its funny how you dog on the "we buy houses" for having no skin in the game -- yet you think its better as an "investor" to have skin in the game, when both let the seller sell, and your version leaves all risk on yourself. You are no more ethical than anyone else -- you are trying to make money. Dont sugarcoat it.
Shawn Jackson (30 days ago)
I started to thumbs down this video but I'm glad I listened to the end and gave a BIG THUMBS UP!!!
Graham Stephan (30 days ago)
Ah thanks so much!! :)
Merge98FM (1 month ago)
Here in Independence, MO we have a ban on those "We Buy Houses" signs and I think in order to be a landlord in the city limits you have to have a license. What are your thoughts on this KC suburb?
Graham Stephan (1 month ago)
I’m all for banning signs. I think they look ugly. But to need a license to be a landlord seems extreme.
Kyle Dillingham (1 month ago)
Have you ever considered going into the Wholesaling business yourself?
Graham Stephan (1 month ago)
mark crutcher (1 month ago)
I'M LOOKING TO BUY A HOUSES I'M A SMALL BUSINESS OWNER we buy houses ) send us someone that want to sell a house get $50 dollars when they sign with us get $250 when we sale that house @t goodwholesaleproperties@@t 1-872-308-2149 MARK/AMANDA WE BUY HOUSES GET PAID TO SEND US DEALS.
We Buy Homes Scotland (1 month ago)
👍 www.WeBuyHomesScotland.com 👍
fhfs (1 month ago)
I use to do this it's tacky, time consuming and can be expensive in the wrong area if the police catch you it's a $500 ticket and 3 month ban from my local downtown mall. Point is wholeseller's do this in order to generate sales 3 problems i found out doing this 1.Why should they call you 2. What is so different from the other poster i saw on the highway 3. Primarily none of them have real experience. Here's how to wholesale 1. Contact Bankruptcy/Divorce Attorneys in your city 2. Landlord and tenant court 3. Tax Sales (Some people are so far behind they'd rather just sell it) 4.Try talking to Building Code Inspectors. People get into wholesaling without any money and don't take it serious.
dano r (1 month ago)
Skip to 3:36 to get past this guy BS. Then you can skip the rest of the video, because they guy drones on and on about nothing, throughout the whole video. He can't get to the point of the video, and just say what it's about.
Graham Stephan (1 month ago)
Richard Ensey (1 month ago)
never heard anyone talk so much and say nothing at all
Raj Patel (1 month ago)
8 and Sk8 (1 month ago)
U love to hear yourself talk.
Graham Stephan (1 month ago)
Graham Stephan (1 month ago)
don't you??
LIMIT Realty (1 month ago)
you can make this a 2 minute video - painful to listen to!
LIMIT Realty (1 month ago)
Graham Stephan i am sorry for being a bit brutal - great video if you can shorten it up!
Graham Stephan (1 month ago)
Zetta Arnanda (1 month ago)
I need cheapest housing and worth it
putheflamesou (1 month ago)
my house is for sale 4/2+ on private .49ac low tax
ThisDreamIsReal (1 month ago)
They will offer you 10,000 and cash in on the equity
Lino Andrade (1 month ago)
They buy houses way below market value!
Justin bustin (1 month ago)
Wholesaler is like Trump dirty middle man
Bane Ofhumanity (1 month ago)
lol its funny...because Kris krohn tells you how to find motivated sellers...and thats exactly what he tells you to do. Write up a sign lol
Bane Ofhumanity (1 month ago)
That isn't in doubt. It was just the order in which I watched videos from all of you guys made it funny. (Kris, you and meet kevin)
Graham Stephan (1 month ago)
It works!
BRUNO LUXURY (1 month ago)
Your white balance is off on your camera, unless you normally have the pasty skin tone of a corpse? I guess that's possible.
BRUNO LUXURY (1 month ago)
+Graham Stephan I know huh, should be pasty balance!
Graham Stephan (1 month ago)
Hahaha white balance
Patrick Baer (1 month ago)
, hey good video but I'd like to know what's the deal with we buy diabetic test strips I don't know man is it they want you to get the test strips and buy them Dirt Cheap in other words enough for another hit a rock Molly whatever let me know or maybe you could write a video on it you're good dude
Erlina Vicente (2 months ago)
Thank you Graham for taking the time to explain those “we buy ugly houses” signs. I appreciate you for sharing your knowledge, on this topic and many others. I think you are a very standup guy, especially because most would keep this type of information to themselves.
Graham Stephan (1 month ago)
5445121 (2 months ago)
Tony Pleaser (2 months ago)
You bootleg, low budget fake ass Tom Cruise, you. Thanks for the helpful info.
Graham Stephan (2 months ago)
Haha thanks?
Max Bien (2 months ago)
jamie t (2 months ago)
What about the post cards?  Why in the hell do they send those out?
16161645 (2 months ago)
Thank you good information
Graham Stephan (2 months ago)
Thanks for watching!
Rashad Zellner (2 months ago)
Talk to much dang
Graham Stephan (2 months ago)
Neo Smith (2 months ago)
0:48 hope that aint a dead dog belly up LOL.
Mr Chris Carter FX (2 months ago)
Out of the three the third one is the best imo