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Updated about 12 years ago on . Most recent reply

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Chris Graf
  • San Antonio, TX
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Teaming Up On A Wholesale

Chris Graf
  • San Antonio, TX
Posted

i found a wholeseller who has a home under contract but he cant find a buyer the house has a tax levy on it. So i told him i could find a cash buyer from my list to buy it.

But,how can i secure my self from having the wholeseller im working with from stealing my cash buyer when i try to get the deal done? Any Contracts we can set up . The wholeseller told me he cant grant me exclusivity.(not to sure what that means EXACTLY)

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Manny Cirino
  • Real Estate Agent
  • Winter haven, FL
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Manny Cirino
  • Real Estate Agent
  • Winter haven, FL
Replied

If you have a solid buyer the best and easiest thing to do is to rewrite the initial contract with both of your names on there. and arrange it to specify percantage of ownership. If you have a buy and he doesn't agree then walk. It's his loss

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