Wholesaling property on Florida MLS
I am a newer investor to wholesaling in Florida and was wondering if you can wholesale via MLS or do you have to sell only through a buyers list. I am a real estate agent and my broker was unsure if you can do it. Any guidance would be much appreciated!
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#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
It depends on the rules of Your MLS that you would be putting it in.....some allow it, some don't.
I am part of RAPB + GFL and I see people selling interest in their contract. I am not sure if it’s allowed, but it happens. I would just call the board and ask what their policy is.
Great feedback, I will run it by my board and see what they say. Thank you for responding so quickly, have a great weekend.
@Anthony Salamone I am an agent in florida as well and am interested in know the answer to that. Did you find out if it's allowed?
Check with your local MLS, but mine requires written consent from the current owner of record.
I just checked with my board which is West Pasco Board and they state that a listing agreement would have to be signed by property owner of record to wholesale property on MLS.
Originally posted by @Anthony Salamone:I just checked with my board which is West Pasco Board and they state that a listing agreement would have to be signed by property owner of record to wholesale property on MLS.
I just now read your question and that was my immediate thought. Anything going on the MLS MUST have a listing agreement signed by seller (or authorized representative). My 0.107 Euros: you're better off creating a solid buyers list because many investors don't bother with the MLS. Also, it takes a decent amount of time to create a good listing....you can have it sent to your list in minutes. Good luck!