Whats the answer to this simple Question?

[Christopher Vargas]

When negotiating a wholesale contract with a potential seller, I got this question for the first time.

"Why shouldn't I just list my house first, then call you if it doesn't sell?"

After reading my contract, the potential seller understood that I was basically 'tying up' the property for the term agreed upon. Which is true, though I had no doubt I couldn't sell this property to one of my cash buyers in the time allotted.

But disregarding my contract and terms, how have my fellow BP members answered this question?

[Rick Pozos]

You should not just tie up a property to see if you can sell it, you should KNOW that it is a deal at the price that you negotiated. Set a 30 day closing. And if it is in fact a good deal, then there should be no issue of you finding a buyer for your contract.

I get the contract because I make the owner feel comfortable that I will make the transaction happen. Sometimes I close, sometimes I wholesale, but I never leave the seller hanging. It sounds like your contract has too many loopholes for you to climb through and seller is leery.