What should you look for in a wholesaling CRM?
A wholesaling CRM should hold leads with notes and follow-up dates, show property and equity data, run comps and deal math, create contracts, handle signing, and manage your buyer list. The fewer separate tools you copy deals between, the less time and data you lose.
Check that the contracts cover the states you work in, that team members can have limited access, and that you can import your existing leads.
Ask what is included and what is billed separately. Texting, research and data are often extra.
Common mistakes
- Paying for several tools that do not share data.
- Ignoring per-use costs such as texting and data.
- Choosing a CRM whose contracts do not cover your states.
More questions
Do I need a CRM for my first deal?
Not strictly, but follow-ups and documents get lost quickly without one. A simple system from the start saves time later.
Should my CRM handle contracts?
It helps when contracts are drafted from the deal details you already entered, so nothing is retyped. Check that the templates cover your states.
What costs are often extra?
Texting, calling, data lookups, skip tracing and team seats. Ask for the total monthly cost at the volume you expect.