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Updated about 5 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Charles J Price
  • New to Real Estate
  • Texas
3
Votes |
10
Posts

2 sellers 3 Showings, the 3RD has me stomped!

Charles J Price
  • New to Real Estate
  • Texas
Posted

I have a property that was brought to me by a realtor, but it's already assigned to the "sellers", that's asking 130k... With an ARV of 260k on the high end 240k on a more conservative end, needs about 40k of rehab, around 10k on electricity because it's an older home. I had a realtor that wants to work with run the comps. 240k @ 70% ARV and 50k in repairs put you at respectful 118k. That's without my wholesale fee associated. That's roughly 70k in profit.

If I align a buyer with the realtor that brought me the deal, should I get paid on the back in for doing so? I think it's a great deal, I'm just not sure how I can get the property assigned when it's already assigned. But if I connect them directly with a buyer, the deal could close. Is this something your willing to entertain? Why or why not? 

I'd just like my name somewhere in the contract that protect my interest but is that enough...🤔

Most Popular Reply

User Stats

10
Posts
3
Votes
Charles J Price
  • New to Real Estate
  • Texas
3
Votes |
10
Posts
Charles J Price
  • New to Real Estate
  • Texas
Replied

Sorry I made it so confusing. It seems like this isn't a move that's worth entertaining. 

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