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Updated about 10 years ago on . Most recent reply

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Josh Ledesma
  • San Antonio, TX
0
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Working on my first whosale deal!

Josh Ledesma
  • San Antonio, TX
Posted

hello,

I'm working a my first wholesale deal here in Texas. The advice I have learned from some of my colleagues and I would like to share it with you in hopes for a little feedback.

So I found a listing online that I liked, did my research and feel like there is money to be made for both parties.

However the listing I listed by a realtor as oppose to the home owner directly.

I think my investor needs a couple weeks to get the funds together, but I'm curious if a realtor will engage in my "purchase and sale" agreement, or if They handle if with their own forms and documents since I'm not dealing directly with a home owner or "the seller."

I guess maybe I'm questioning rather it matters that the deal I want is listed by a realtor vs a home owner.

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Brandon Proctor
  • Wichita, KS
46
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Brandon Proctor
  • Wichita, KS
Replied

Just my 2 cents but if you found the deal online couldn't your potential buyer do the same thing and bypass you all together?

I'm new at wholesaling and all I have done is educate myself and surf the threads here about wholesaling. What I have learned is it takes work, lots of work and an understanding of your market and estimating repair cost on a potential home. You have to actually go out there and find the deals versus searching on zillow or other online sites. 

Again I'm very new to wholesaling and real estate investing so you can take what I say with a grain of salt. I know bringing "deals" to investors off zillow or others sites isn't the best choice but hey it might work!

Good luck!

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