Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

109
Posts
55
Votes
Kelly Byrd
  • Rental Property Investor
  • Los Altos, CA
55
Votes |
109
Posts

New buyer, questions about wholesaler agreements with buyers

Kelly Byrd
  • Rental Property Investor
  • Los Altos, CA
Posted

I'm a new investor about to close on my first property. It's out of state and as part of looking for my next deal, I've begun talking to a few different people local to the area to find wholesale deals in addition to my RE agent. 

One concern I have run across is that people are nervous about me going around them directly to the seller. I totally understand this concern, I will not go around anyone, it's just the wrong thing to do, but since I'm new, I haven't built a reputation yet or a relationship with these specific people. 

How do wholesalers typically handle this with new buyers? Is there a buyer's agreement or similar?  I've heard the term "non-circumvent" agreement, is this done per property or for a set period of time?

Loading replies...