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Updated over 10 years ago on . Most recent reply

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Dana Peters
  • Nashville, IN
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whosaling

Dana Peters
  • Nashville, IN
Posted

Appreciate any input...do's or don'ts in wholesaling properties listed with realtor?? Thank you!   Dana

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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

@Dana Peters I think your approach is wrong. Why would an agent allow a non-buyer to tie up a property with the option of just backing out if they cannot resell the contract? Question: would you lead the agent and/or owner to believe you intend to buy the property if that is not the case? If so, wrong approach. If that IS the case, why would they want to proceed? What benefit can you bring to the transaction?

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