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Updated over 2 years ago, 04/19/2022
Realtor Wholesaling a Contract with seller to buyer?
Hello,
As a realtor, I come across deals off market and I don't always have the funds to buy them myself. These people just want 'their number' and don't want it on the market. So I'd like to 'buy' their home, market it for the 15 day inspection period, find a buyer willing to pay more and have the difference go to me in lieu of a commission since they aren't listing with me.
Anyone have experience with this? We're not talking pennies either, potentially $50k-$75k if I can get access to the home and do my big open house. I more than likely would be flipping to a Realtor represented buyer. Does that make it difficult? More than likely a cash buyer, not worried about financing. I will have checked the 'may assign and be released' box on the contract.
Thanks in advance!