Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 over 1 year ago on . Most recent reply

User Stats

416
Posts
188
Votes
Mike Schorah
  • Rental Property Investor
188
Votes |
416
Posts

What would you do if you had a deal and a realtor tried to blow it up?

Mike Schorah
  • Rental Property Investor
Posted

Let's say a realtor drove the seller to the closing just to bust you as a wholesaler. Let's say the realtor highlights the assignment fee on the HUD and now your $40,000 check isn't there. And now the realtor has plans to sell your deal on the MLS.

Would you fund the deal with a hard money lender or private lender? Would you give your title company a heads up?

Most Popular Reply

User Stats

2,615
Posts
2,993
Votes
Scott E.
  • Contractor
  • Scottsdale, AZ
2,993
Votes |
2,615
Posts
Scott E.
  • Contractor
  • Scottsdale, AZ
Replied

Is this a hypothetical scenario or a real life scenario?

If you have the property under contract, and you have not done anything to breach that contract, the realtor has no grounds to "blow up" your deal.

Doesn't matter if you put a $40,000 assignment fee or a $400,000 assignment fee in there.

Loading replies...