Has anyone heard of this?
I had a Bird Dog call me last week about a property in his area that fit my criteria. I told him to go ahead and have the homeowner give me a call, that I'd be interested in pursuing the property. He calls me back a couple days later and tells me the property is already tied up, but that the individual wanted to talk to me about buying it. So I'm assuming a wholesaler is wanting to move it for a little cash and asked him to verify before I make any calls.
He calls me back the next day and tells me that the individual is a negotiator. He has the property tied up with no intentions to purchase, just to negotiate the deal. And it gets better, he wants $2995.00 to negotiate (no biggy) and 6% of the final sales price! :eyes: He is not a realtor, this is simply his fee for the negotiations and for tying up the property.
I had to pass on it, just wondering if anyone else out there has encountered this?
Thanks,
Kyle