Updated over 10 years ago on . Most recent reply
Wholesale Deals
I have a really simple question that I probably already know the answer to, but I just want to make sure.
When you're looking for wholesale deals is it okay to sign a contract with someone that has already listed their house with an actual Real Estate Agent (like on Zillow.com)? All of the books that I have read on wholesaling makes it seem like we, as wholesalers, are supposed to stay away from houses that are already listed in the MLS.
Is that true?
Most Popular Reply
@Bill Gulley I certainly understand the concept of "Interference with a Contract". Obviously someone can sue for anything and it is a pain even if you are right and win.
My understanding of most listing contract is they say, if the owner sells the property him or herself, they still owe the agent a commission. So how as a buyer going directly to the seller interfering with that contract? Assuming the is no language specifically prohibiting the owner from selling without the agent being involved, I see no interference. Agree or disagree?