Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Matt D.
  • Phoenix, AZ
0
Votes |
7
Posts

How does working with another wholesaler work?

Matt D.
  • Phoenix, AZ
Posted

Hey guys, I'm new to wholesaling, and I had a question about how working with another wholesaler works. Today I was in the records department in my county doing research, and a guy there noticed I was pulling information on properties and asked if I was a wholesaler. And he introduced himself as a fellow wholesaler and we exchanged information. Now I get a text from him about a property he's got under contract and he's asking if I can get him x dollar amount for the deal.

Like I said, I'm new to this, so I have no idea how working with another wholesaler like this would work. I'm open to shopping the contract around to buyers, but I don't have any idea what sort of agreements need to be signed or what steps need to be taken to ensure I get paid. I wouldn't think I could even legally market the property without some sort of contract. Does anyone have any insight to how I should go about this? Is it something even worth pursuing? I'm wholesaling out of Arizona, if that has any bearing on what is required.

I appreciate any help anyone could give me.

Loading replies...