@Joshua Bautista if you are a Realtor and your NOT wholesaling you are not successful in real Estate. Where are you getting your leads. The best realtors are always wholesaling. Example: Mr Seller you would like to sell your home in this distressed condition? Here are your choices:
1. I can find you a cash buyer at 70% of the ARV. (You can get paid out in 3-7 days. NO commissions or closing costs.)
2. I can list your home on the MLS and see what you can get. (It will take longer to sell, but you may get more money. However, you will need to pay commissions and closing costs.)
3. You can make some repairs to the home and sell for more. (Same as number 2, but rehab, repairs take longer to do.)
@Joshua Bautista I guess it depends if you are the wholesaler, realtor or both?
As a wholesaler you find the deals directly through the seller.
As an agent you may find deals for your clients through wholesalers or even other agents. ((Example: Contact a listing agent who has listed a home with little or no equity. Ask if their client would be interested in a sub-to deal (you may need to explain this) and put the deal together.)) How about buying a property directly from the listing agent and representing an end user. Tie the property up, market it as a wholesale deal and earn 2 commissions.
@Joshua Bautista I guess it depends if you are the wholesaler, realtor or both?
As a wholesaler you find the deals directly through the seller.
As an agent you may find deals for your clients through wholesalers or even other agents. ((Example: Contact a listing agent who has listed a home with little or no equity. Ask if their client would be interested in a sub-to deal (you may need to explain this) and put the deal together.)) How about buying a property directly from the listing agent and representing an end user. Tie the property up, market it as a wholesale deal and earn 2 commissions.
Good Investing...
Not looking to do wholesaling! But I come across wholesalers alot so might as well find out how we could work together
Hi Joshua! Wholesalers are great to work with as an agent especially if you have a lot of investor clients. It can be a win win for all parties! What I normally do is just add my fee on top of the wholesalers asking price. If its the right deal its a win for all 3 parties involved!
@Joshua Bautista if you are a Realtor and your NOT wholesaling you are not successful in real Estate. Where are you getting your leads. The best realtors are always wholesaling. Example: Mr Seller you would like to sell your home in this distressed condition? Here are your choices:
1. I can find you a cash buyer at 70% of the ARV. (You can get paid out in 3-7 days. NO commissions or closing costs.)
2. I can list your home on the MLS and see what you can get. (It will take longer to sell, but you may get more money. However, you will need to pay commissions and closing costs.)
3. You can make some repairs to the home and sell for more. (Same as number 2, but rehab, repairs take longer to do.)