How to wholesale an MLS deal?

Question

Hey guys!

I have tremendous and extremely helpful real estate agent friends who send me listings that match what my buyers want. Although, I am not to sure if I can wholesale the MLS deals and if so how to go about. I know many wholesalers are skeptical about it because it requires some money down but some are able to wholesale such properties! I really wish to learn how to wholesale MLS deals so any advice would be welcome!

Stay blessed!

Daniele Kouassi · Answer

This is gold right here

@John Mathewson thank you so so much!! I definitely know what to do now, and Congrats on getting that license! Way to Go!! Stay blessed and lets connect please

John Mathewson · Answer

@Daniele Kouassi Anytime I can help just let me know.

John Mathewson · Answer

Yes build a very very strong buyers list. I try to know exactly what my buyers are looking for that way I know that when I go through all the work of getting a property under contract that your buyer is going to take it.

Are you referring to your agent or the listing agent? The listing agent will not be happy about it no but I would tell them it's party of your due diligence inspection(but obviously this is why you can't be walking a ton of buyers through the house).

If you are talking about your agent then I would recommend you get one that is familiar with what you are trying to do. Which may take some time. For me I just got my real estate license so I didnt have to ask an agent to come along with me every time.

Daniele Kouassi · Answer

@John Mathewson thank you a lot, so would you recommend building a strong buyers list before starting this process? One more thing would the agent let me walk my buyers in the property?

John Mathewson · Answer

@Daniele Kouassi I have wholesaled plenty of MLS deals. The hardest part is getting your potential buyers in the house. I would recommend you really get to know your buyers so you know they will buy a certain criteria then walk them through the house and boom you should be good to go. Let me know if you have more detailed questions of how to. I would love to help if I can.