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Updated almost 7 years ago on . Most recent reply

User Stats

118
Posts
40
Votes
Alex Verdugo
  • Tucson, AZ
40
Votes |
118
Posts

I have a buyer! Now what?

Alex Verdugo
  • Tucson, AZ
Posted

So when you find an owner looking to sell, you put the property under contract. Either you've got a buyer or go looking for one in order to wholesale it. The reason for putting it under contract is to have control of the property itself and no other investor or realtor is able to come in and sell the property out from under the original investor. I'm sure that most investors have done some form of this type of deal at one point or another throughout their career.

My question is this, is there a way to put a buyer "under contract" to achieve a similar purpose? I know that some realtors have wanted me to sign a contract stating that I will only work with them or the realty company where they work. I personally have not signed one of those contracts because I figure that I will work with anyone that's willing to work with me.

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