Wholesaler · Mishawaka, IN · Member since 2013 · 438 posts · 346 votes
I've had a lot of people ask me if you need an agent to submit your offers for you or if you can submit them yourself. I've never used an agent to submit my offers so I don't know, but would like to know so I can help the people asking me. I also get asked if you do use an agent to submit wholesale deals, what happens when you find a cash buyer? Is the agent out of the picture with no commission? Any help would be appreciated.
If you don't, why should anyone else NEED to? But if they have to ask, they probably should!
Give them a list of all the questions you ask yourself before submitting your Offers. If they don't know how to arrive at sufficiently good answers - THERE'S their answer!
(Yeah, I know, that wasn't very helpful). Cheers...
You do if it is listed, unless you are an agent yourself. If I'm working directly with a seller/owner I never use an agent. I'm a licensed FL agent myself, and I divulge that to the sellers. But I tell them I am here as a buyer, not as an agent.
Thanks for the info @Account Closed. I'll pass it along. Also, if someone makes an offer on an MLS listed property and they use an agent, does the agent lose out on their commission once they assign the deal over to a cash buyer?