Hello everybody, I just wanted to ask a question. When wholesaling, is the goal to stay away from homes represented by a real estate agent?
@Andre Rembert - you can theoretically wholesale if you get a mls listing under contract for a lot below asking price and you’re buying it as an LLC or in an assignable contract (you sell your position as the buyer).
It’s really in your best interest to get off market deals directly with owners. I’ve also seen wholesale deals come off expired mls listings.
@Andre Rembert You can avoid RE agents (most RE agents hate wholesalers) but you can also work with them by providing them a list of off-market listings that other agents won't/can't get.
In other words, the more potential avenues for selling you have, the better.
Thank you! So when you have a deal, how do you actually get it under a contract? And how would you make sure you won't be liable if you don't close in a certain period?
run from re's