Hi, I was wondering if anyone that wholesales properties works along side real estate agents? My uncle is a real estate agent and I would like to work alongside him to wholesale my first couple of properties. I figured that before he puts the properties on the MLS I may be able to speak to sellers who have distressed properties and see if I can get it under contract. I figure he may also have leads for me.
If a real estate agent was trying to make a living, working with a wholesaler would not make sense. If an agent represents a seller they have a fiduciary responsibility to that seller and will try to get the best price possible for their seller. They get paid only when there is a sale and commission goes up when sales price goes up.