I just found an agent that is willing to work with me.How am I to keep my agent from meeting my end buyer when dealing with MLS listings?
__________________
I just found an agent that is willing to work with me.How am I to keep my agent from meeting my end buyer when dealing with MLS listings?
If you have the house on contract you can invite the agent to meet the seller and do a walk thru and inspection take photos and pet his dog etc.
What's the problem? Why don't you want them to meet your end buyer?
These agents have a code of ethics and a complaint to the Realtor Board is not something they will take lightly.
Of course I've had bad dealings with agents and I wouldn't trust them to be honorable, ethical and moral but this Realtor Board & legal consequences seems to keep them in check for the most part.
My question is, why not find your own deals? Realtors usually only deal with retail and the fixers they bring me are usually so over priced.
On a side note, most of my buyers are Realtors, and these guys don't mess around with the golden goose, (The Wholesalers).
One of my Realtor buyers is dealing with a serious lawsuit, the Title company warned me to keep away from doing business with him, This guy flipped a lot of my houses. Now he don't answer my emails. I hope he get his legal problems worked out.
Rando
Rando
Thanks for the advice. Basically what I was trying to do is get a property under contract and assign it to my end buyer without the agent knowing it is an assignment deal. Or should I just be open?..........I am on deal #9 as we speak and I completed all of them as you stated you do without using an agent. I felt like taking it to the next level using an agent to assign a deal in order to make a bigger profit. Is it possible to gain access to the property myself to show it to my end buyer? I rather the agent not know that I will be assigning the deal or should I not?
TRANSPARENCY IS TANTAMOUNT !!! HONESTY IS ALWAYS THE
order of the day. Then no one can accuse you of any wrong doing or deceptive actions
Thanks. Natchez Mississippi (honesty is key).
I looked at several properties that I wanted thru a Realtor, but they were asking for Proof of funds and I had to fill out a 20 page contract just to make a friking offer.
But last year I had a Realtor tell me about a house out in the country that was listed for 59K I told him I cud do 45, he wanted me to fill out the contract and I told him to just ask the seller if they will accept my offer b4 we waste each others time.
He called and said they accepted and I was a little shocked. It was a nice looking 2 story house on land but the interior was trashed.
He emailed me the contract, I had to print them all, initial and sign, then scan and email them back to him.
They never asked for an earnest deposit or proof of funds, maybe cuz it was in a small cow town. Also he never asked and I never told him that I was wholesaling it. I found a buyer right away and made a $12,000 assignment fee.
I never drove the 60 miles to view the house, I never met the Realtor or the seller and I never met my buyer. I did drive 4 miles to the Title company to pick up my check.
So what I'm saying is, I have limited experience working with Realtors cuz that was the only property I've purchased thru a realtor. Because of that experience I'm def open to do more.
I am reasonably sure if the agent knows your wholesaling the property and you don't have a ready buyer you can forget it.
Rando
Thanks (Rando) will be sticking with Fsbo for now.