am I allowed to make a deal to wholesale an agency listed propert

[Anaso Jobodwana]

Hey guys, Hope everyone is having a great festive season . Am I allowed To make an offer to wholesale a house that is listed with an agency ? and if so, what is the usual way of going about doing it ? I hope my question makes sense 😁 thank you in advance

[Shaun Hatton]

Anaso,

You can make an offer on a home that's listed with a Realtor.  They may be leery of your ability to perform if you're wholesaling and don't make it clear to them that you can perform.  

The Realtor's responsibilty is to protect their client and part of that should be requesting proof of funds from potential buyer.

If you have a history of closing deals that will help.  If this is your first deal you should learn the process and understand that you are asking the Realtor and the seller to trust you to do what you say you are going to.  That means having the ability to close even if you can't find an investor to assign the contract to.

A lot of ways to get into trouble with a whole sale.  Reputation and credibility are everything.