RE Agent to help assign Contract?
8 Replies
Matthew Ray
from Hanover, Pennsylvania
posted almost 3 years ago
Hello all,
I was informed i can get the help of a real estate agent in the area of my properties in order to help mefind an end buyer. Is this true?
Jake Lemke
Realtor from Lake Tapps, WA
replied almost 3 years ago
Hello Matthew,
Yes this is true. You can use a tool called zipyourflyer.com (I’m not sure if you can use it if you are not an agent and also not sure what states you can use it in). I am a licensed agent in WA and everyone uses these here.
Jake Lemke
Realtor from Lake Tapps, WA
replied almost 3 years ago
Zipyourflyer.com is used to send a preview of your deal to every agent in the area. If you want help from a specific agent to find a buyer for your deal just call a local office and ask to speak with an agent that represents many investors. You’ll find someone familiar with contract assignments and they’ll know what to do! Hope this helps.
Matthew Ray
from Hanover, Pennsylvania
replied almost 3 years ago
Thank you. Can you do this if you don't own the property?
Matthew Paul
from Severna Park, Maryland
replied almost 3 years ago
Wholesalers and agents really dont play well together
Jake Lemke
Realtor from Lake Tapps, WA
replied almost 3 years ago
Yes. You can do it if you have the deal under contract. Make sure to specify that it is an assignment of contract and that the buyer will pay all closing costs.
Brendan Taylor
Real Estate Agent from Akron, OH
replied almost 3 years ago
Typically realtors do not like to deal with wholesalers. You would have to be willing to offer some kind of commission for the realtor. Buyers are not very willing to cover the commission because they are use to no charge for the realtors services.
Matthew Ray
from Hanover, Pennsylvania
replied almost 3 years ago
this contract is through an agent. She will get the commision
Tom Gimer
from Washington, DC
replied almost 3 years ago
Originally posted by @Matthew Ray :
this contract is through an agent. She will get the commision
If you assign the contract to a third party, you are no longer the buyer and the agent would not have a relationship to the buyer or perhaps even the transaction. Careful.