Marketing Your Property
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply

Dealing w/ Realtors
Hello,
I was just wondering how do new wholesalers starting out deal with realtors who want a lot of earnest money upfront like 10k and higher?
Thanks in advance,
Alicia M.
Most Popular Reply

Originally posted by @Alicia Mccormack:
Hello,
I was just wondering how do new wholesalers starting out deal with realtors who want a lot of earnest money upfront like 10k and higher?
Thanks in advance,
Alicia M.
They want crazy high EM because they know you are just locking up the property to find a cash buyer and want recourse when you can't and back out 30 days later.
Try to find properties not listed to wholesale. You need cash and experience to wholesale a listed property.