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Updated over 14 years ago on . Most recent reply

User Stats

120
Posts
15
Votes
LeJon Ratchford
  • Huber Heights, OH
15
Votes |
120
Posts

Seller wont let me put the house under contract.

LeJon Ratchford
  • Huber Heights, OH
Posted

I have a number of houses that a seller is looking to sell. I was trying to whole sale one of them, but they will not allow me put it under contract so I could present them to my buyers. I am afraid to show the home to buyers and present them with all the information. I am afraid they will go around me. I think it is time for me to walk away. Any suggestions on how to handle this situation?
LeJonR

Most Popular Reply

User Stats

3,208
Posts
1,439
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Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
1,439
Votes |
3,208
Posts
Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
Replied

has anyone heard of a Flex Option Contract?

It allows you to perform your duties to find an end buyer and collect an assignment while still allowing the homeowner to market the property themselves.

If the homeowner sells the property before you find an end buyer, you're out of luck, should have done better, BUT......if you find an end buyer, you collect an assignment fee and the seller still has the same end result.

I'm very surprised no one has brought that up.

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