How is the best way to do a wholesale deal with a Real Estate Agent?

How is the best way to do a wholesale deal with a Real Estate Agent?

 

DOn’t

Most Realtor do not know what a Wholesaler is and will tell you it is illegal.

I am going to tell you from experience that it is not.

Most agents feel that when you wholesale a deal you are cutting into their profits. Also they could just view you as the competition.  This is silly because who do wholesalers flip to…Rehabbers, and when rehabbers get through rehabbing a house whom do they get to sell the house…Realtors. It’s not that they are being cut out of the equation; it’s that they come later on in the equation.

Agents are trained to be Agents and they do not understand the other aspects of the business.  They don’t know about subject to, lease options, bird dogging, wholesaling, land-lording, and rehabbing.

My advice however is that you need to have a buyer already lined up first for those deals that involve an Agent.  Otherwise if you don’t, you can burn a lot of bridges and ruin some great relationships.