Wholesaling?

[Matthew Rembish]

I have 2 questions concerning wholesaling transactions and was hoping someone could shed some light on them:

1. Do you need a "power team" for wholesaling or can you just work with a realtor? Just wondering if I have to go out and find an attorney and accountant before I start submitting offers.

2. How do you pay your realtor or can you make offers without one? If I'm wholesaling deals that realtors are giving me, I would assume they're not getting a commission so how do you compensate them/keep them happy?

Thanks!!!

[Richard C.]

1.  "Power team" is Rich Dad, Poor Dad idiocy.  Never use the term again.

2.  You can make offers without a realtor.

3.  Realtors won't be giving you deals.  If for some inexplicable reason they do, their commission will be paid by the seller.