All Forum Posts by: Roderick Coffman

Originally posted by @Adam Camacho:

@Roland Paicely I spoke to RE Agent. She said it was a scam and reported it to the local PD. 

 I'm seeking clarity here Adam, am I not allowed to speak directly to the owner if it has a listing agent? I'm a little confused, I'm just trying to do my first deal, it happens to be out of state and it seems like I've made a mistake but I'd like to know if I can fix this by reaching out to the RE agent or how that works?

Yes, I had my realtor do comps on the property and 165 was pretty conservative. The buyer has moved out of town and has a sick mother so that's where his motivation comes from. He also expressed to me that working with the realtor has been less than enjoyable and at this point he just wants to sell and be done with it ASAP. 

Hello BP, I am starting out with wholesaling and sort of by accident have found myself a virtual wholesale deal outside of my market. I live in Phoenix and the deal is in Tulsa. The property is currently being marketed by a real estate agent on Zillow and other websites for 165k. I was able to speak to the owner and agree to purchase the property for 90k. What are the rules on putting this property under contract even though it is on the market and represented by a real estate agent? Please help I really think this is a great deal but I don’t want to waste my resources or energy if I’m unable to move forward.