Wholesale to retail buyers?

[Chris Gravitt]

I have searched and haven't seen this specific question asked. I am getting motivated seller in my area but most of theproperties do not need repairs and thus the owners want close to retail price. The market in Tampa is hot so does anyone have experience with putting a house under contract with a longer close date and trying to flip it to a retail buyer? State law requires that I have an equitable interest so earnest money will go into escrow as usual. Trying to find outlets for these and profit. Thanks for the help.

[Merry Briotta]

Chris Gravitt

What would be the benefit to the seller? If you are going to just list it on the MLS then why wouldn't they simply do that?

I am a firm believer of helping someone with a problem...whether that is buying their dump of a property or buying their well cared for, not updated since 1960 property or maybe even it's just the fast close that they need...

If the home is in such good condition that you can list it on the MLS without much (if any) work and they want close to retail - my gut says they aren't really motivated. Not to mention that you are talking about extending the closing date...I would suggest they contact a realtor and list it themselves.

I'm not in the business of taking advantage of people (not saying you are either). I am all for making as much profit as possible, when it makes sense for everyone involved.

Good luck!
Michelle