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Updated about 7 years ago on . Most recent reply

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Beni Fernand
  • Snellville, GA
0
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5
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Can I Wholesale a house that's already under contract w/ an agent

Beni Fernand
  • Snellville, GA
Posted

Hi there! I'm a new real estate investor. My agent sent me a townhouse listed for $69,000 no rehab needed. I went to view the property and the owner was still living there. She told me that the house was paid for, free and clear. I directly talk to the owner and emailed her a formal offer for $50,000 all cash.  Her agent (the listing agent) emailed me back and told me that they will accept the offer ( No counter).  My question is, can I put the house under contract with an agent involved already? or should the owner cancel their contract with the listing agent first. 

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