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Wholesaling
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Updated about 6 years ago on . Most recent reply

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Andre Rembert
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Dealing with real estate agents

Andre Rembert
Posted

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?

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Natalie Schanne
  • Real Estate Agent
  • Princeton, NJ
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Natalie Schanne
  • Real Estate Agent
  • Princeton, NJ
Replied

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.

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