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Updated about 9 years ago on . Most recent reply

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86
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Maciej Michalak
  • Investor
  • Clarendon Hills, IL
12
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86
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Proper MLS Wholesale

Maciej Michalak
  • Investor
  • Clarendon Hills, IL
Posted

I am a wholesaler in the Chicago land area and I have been very successful with wholesaling FSBO's and off market properties. I know how it works and I have my contracts in place.

The Question is can someone shed some light for me when it comes to MLS properties. I am struggling to figure out how to deal with the Real Estate agent and if I should use "their" contract. I came across some good deals that I could make a profit on but Im trying to figure out how to approach the sale. Is it the same as if I was buying from the owner directly? Is there greater "risks" for my company to do it this way? I guess im just trying to figure out their process and how to get myself in on the deal without pissing anyone off.

Most Popular Reply

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

You'll have to use their contract, since that's the one They have to use.  If they realize you just wholesaling they'll advise their client to pass.

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