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Updated about 4 years ago on . Most recent reply

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Randolph Adams
  • Real Estate Agent
  • Monroe, NJ
11
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22
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Potential Deals Found While Driving

Randolph Adams
  • Real Estate Agent
  • Monroe, NJ
Posted

Hello BP! I am a real estate agent and investor, but not a wholesaler. Oftentimes while driving around, I will come across distressed properties and great potential deals. I don't have a ton of free time at the moment to speak with the seller, negotiate, and get the property under contract. I've flirted with the idea of wholesaling, but at this time don't know if it's right for me.

What is the best way to bring these potential deals to potential investors in exchange for representing them if all goes well and numbers work out?

Thanks

Most Popular Reply

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Bruce Lynn#1 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
4,416
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Bruce Lynn#1 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

Hook up with an active investor and send them the deals.  See if they will pay you a fee if they get them under contract or even pay you a small fee to drive for dollars.   Get them to agree also to allow you to list the property once they get it rehabbed.   It's kind of random though, so not sure how much you would pay if all you are sending them is an address and haven't talked to the seller or set it up for them?

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