Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

34
Posts
7
Votes
DeAndre Mason
7
Votes |
34
Posts

On market wholesale deal

DeAndre Mason
Posted

Hey BP, let me first start out by saying YES wholesaling is possible on the MLS and legal as long as there is verbiage in the PA stating the buyer may assign the contract.

Now, if I had a property under contract with an agent and wanted to assign that contract to another end-buyer with a different agent representing them, how would that work getting that to the closing table? The end buyer has an agent already and that agent wants to know more info about the property and getting their client a tour? Is this too much headache to deal with? Is it possible to close with an assignment of contract? I have a buyers agent for me but then the "assignee" would have another agent representing them... Is there a way around this where one of the agents can get a referral fee without the title company having to figure out whos getting paid? Traditionally the end buyer would not have an agent. Sorry if this is confusing.

DeAndre

Loading replies...