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Updated over 10 years ago on . Most recent reply

User Stats

48
Posts
0
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Mel Rosario
  • Real Estate Investor
  • rancho cucamonga, CA
0
Votes |
48
Posts

buying from a wholesaler or offering a lower price from an mls listing

Mel Rosario
  • Real Estate Investor
  • rancho cucamonga, CA
Posted

I haven't encountered a wholesaler yet. I have been buying through the MLS. Of my most recent properties bought, I may have been able to purchase the property up to 25k less than asking. Most of these properties didn't require much rehab, just started renting them out. Would I have been able to save more using a wholesaler? or trying to offer less/low ball a better deal?

I know the seller's agent is trying to get the best deal, but my agent who I have worked with many times already,doesn't really care on the amount but just wants to close and move on to the next property.  So my agent before submitting an offer will talk to the seller's agent if we are even near a number.  (I never tell what max I'll pay for a property to my agent)

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