Updated about 12 years ago on . Most recent reply
Telling the Sellers Agent.
1st question.
So I may have my first deal on contract soon, I went straight to the seller and he never mentioned he had an agent, but me n the seller agreed on terms. Now he is going to send the agreement to his agent to talk to me. My question is, how do I go about that? What do i tell the agent if he asks how im getting the money?, or why is the earnest money deposit only $10 etc.. How do i not give out clues that i am not wholesaling the home. Because from my research agents wont let you submit an offer. Thanks guys.
another question:
If ARV is 100k and the purchase agreement offer is 65k only 5k in repairs 5k profit. Is it worth a deal? Would I be able to find a cash buyer quickly with this?
I multiplied the ARV by 75% seller wouldnt go lower than 65k