Posting Wholesale Deals on the MLS

[Collin Boyer]

I am an agent in PA, some states do not allow you to do this so please check your local and state laws.

My number one client is a wholesaler here in my local market of York, PA. He has brought me about 7 listings in the past month and a half maybe two months. In PA if you have a property under contract to purchase you have an equitable right to the property and have the ability to sign a listing agreement with an agent to put the property on the market (make sure you put you are allowed to market the property on the MLS in your wholesale agreement of sale).

We have been able to sell properties that they would not have been able to sell because they did not have access to buyers in the area and we often sell properties for more than they would have gotten for a normal cash deal. You need to be very transparent with the owner of the property because the situation could get very sticky fast if they do not know what you are doing. Not every wholesale deal is right for this option.

I could go on for a while about this topic because it has been so beneficial to me and my clients. Let me know if you have ever done this or if you have any questions I would be glad to chat about it.

[Collin Boyer]

@Jay Hinrichs he is connecting with the sellers in the beginning and bringing me the contract after it is already signed it is the wholesaler coming to me not the owner. If the seller is able to wait and does not need to sell immediately he will not pressure them he recommends them to an agent in the area their home is located since he works multiple states. He has brought me multiple leads that want to sell the traditional way because their service does not fit what is best for the owner but they still connected because they were interested in an offer on their home. We are in every way making sure the route the owner is taking is the best for their situation, he is in no way screwing over a home owner or misrepresenting any form of the process, he tells them he is going to sell the property for more with an agent and they are completely fine with that or they say they are not and then he will connect them with an agent.

Jay I am sure we have had a miscommunication along the way in our conversation and stereotypes do have a big effect on the outlook of wholesaler.

I hope you have an incredible holiday and you, your family, and your team stay safe.

Thank you