Working with wholesalers

[Jaša Rot]

Hello!
I am Jaša and I am wholesaling real estate. It is said that wholesalers shall avoid on-market properties.

However, I had the following idea:
is it possible/legal for an agent to work as a JV partner with wholesaler?

For example, I see a listing that has been listed for 100 days. Then I would contact the agent and honestly tell them that I am wholesaler and if they want to work with me. We would low-ball the seller, lock it up and assign it and at the closing split the assigning fee 50/50.

If I run some numbers, the agent's fee would be way higher than usual 6%


Thank you for your help.
Jaša

[Nicholas L.]

If you don't own any property yet, you're in a perfect position to house hack.