Properties on MLS

5 Replies

If I put a property under contract on MLS for a good deal. Can I resell to another investor? In other worlds can i wholesale a property on MLS.

Yes, but if its on the MLS why wouldn't the other person just buy it off the MLS themselves and save the markup and realtor fees?

Wholesaling on the mls is harders but there have been stories of people being very successful. The key to those "success stories" has been something wrong with the property that others couldn't "see". One fixed the issue than all was well.

Originally posted by @Travis Boyer :

Yes, but if its on the MLS why wouldn't the other person just buy it off the MLS themselves and save the markup and realtor fees?

 The property is under contract so until that contract is resolved, nobody else can put a contract on it.

Originally posted by @Dele Ola :

If I put a property under contract on MLS for a good deal. Can I resell to another investor? In other worlds can i wholesale a property on MLS.

 Sure.  You can even sell the contract before you close.

Thanks for all your responses, @ Neil Aggarwal, do you mean one can do back to clossing and if so how does it work?

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