Wholesaling on mls

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Natalie AlliePro Member
Member since 2024 · 24 posts · 17 votes
1y

Wholesale deals typically work better for off market transactions. You need some solid connection with brokers who specialize in off market transactions. These brokers usually have an investor heavy clientele and understand that many savvy investors are looking specifically for deals that not everyone has access to. Let me know if you would like to connect further! -Natalie

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  • Natalie AlliePro Member
    Member since 2024 · 24 posts · 17 votes
    1y

    Wholesale deals typically work better for off market transactions. You need some solid connection with brokers who specialize in off market transactions. These brokers usually have an investor heavy clientele and understand that many savvy investors are looking specifically for deals that not everyone has access to. Let me know if you would like to connect further! -Natalie

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    • Cameron Porter
      OP
      Real Estate Agent · Detroit · Member since 2024 · 73 posts · 24 votes
      1y

      @Natalie Allie yes we call those pocket listings. Just trying to get the trick into finding the most distressed seller i guess.

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    1y

    wholesaling off the mls I believe is a waste of time. If you are looking to sell to an investor the good investors will see it on mls and just wait for it to fall out from your deal. I know one investor that calls the broker to tell them it's being wholesaled as well

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    • Cameron Porter
      OP
      Real Estate Agent · Detroit · Member since 2024 · 73 posts · 24 votes
      1y

      @Chris Seveney why couldn't I catch an expired listing on the mls and try to wholesale it. 

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  • Adam Elhawari
    Member since 2025 · 2 posts · 1 vote
    1y

    I've wholesaled 2 deals in 2025 that I got off the MLS. It requires expert knowledge of the area, buyers who move fast, you to be selling the property below mls price, and at least for me having some local reputation. It's the lowest conversation rate I have in terms of getting deals under contract but my highest conversion rate from going to under contract to actually selling and closing.

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    • Cameron Porter
      OP
      Real Estate Agent · Detroit · Member since 2024 · 73 posts · 24 votes
      1y

      @Adam Elhawari when did you present the wholesale offer to the seller? Was it after he expired 

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  • Stephen MoralesBusiness Member
    Jacksonville, FL · Member since 2025 · 402 posts · 205 votes
    1y

    Hi @Cameron Porter,

    Although wholesaling properties that are already active on the MLS is possible I don't think it's the best method to go about lead generation.

    Giving that you're an active RE agent. Are you planning on calling LA's to see if you can get their deal under contract with plans to assign it? 

    Just trying to see what you're strategy is here and then maybe I can help with a script. 

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    • Cameron Porter
      OP
      Real Estate Agent · Detroit · Member since 2024 · 73 posts · 24 votes
      1y

      @Stephen Morales I was just going to try to catch overpriced expireds to see if they came to there senses but I guess that's not a thing lol. 

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  • Adam Elhawari
    Member since 2025 · 2 posts · 1 vote
    1y

    They were active listings. I think both were 7-14 days on market and were distressed in need of work. I went through the agent. One was a sight unseen offer. I think my conversion rate on my offers to contract is only 7% for mls offers. For me I've been making the most aggressive offers I can, high emd, 1-3 days diligence period, and a 2 week close, I waive my buyers agents commission, and offer to pay CC+TC. It's a grind. 

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