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Updated almost 5 years ago on . Most recent reply

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Mark Moss
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5
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Submitted a offer to an agent who is refusing it.

Mark Moss
Posted

I am a new wholesaler. I came across a set of properties (2 lots and 3 buildings, all being sold as one package. It was listed with an agent. 

I contacted the agent to make an offer. After 3 days of discussions and property visits, She told me she refused to accept my offer and she said I needed to give her my buyers name and contact info and she would speak to them directly, then, they would offer me a small fee, so I could get paid for my "troubles". Can anyone tell me if she is allowed to do that? I'm pretty sure she cannot decide what compensation I make off a deal, especially one I found and nutured, right? 

Mark

Most Popular Reply

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323
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Catherine Emert
  • Realtor
  • Bend, OR
224
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323
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Catherine Emert
  • Realtor
  • Bend, OR
Replied

@Mark Moss I think that agents/brokers who are used to working with other brokers get worried about how to handle a situation like this. Most forms ask for the other side's information and their broker. I would talk with your buyer and see what agreement you can come to with them and go from there.

@Paul S. You comment often that wholesalers add no value - your opinion is probably shared by many, but being rude to those who are doing their best and trying to be part of this investment platform we have here is unnecessary. Be kind, it gets you a lot further in life.

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