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Updated about 1 year ago on . Most recent reply
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On-Market on Assignment Deal - Broker Sent Buyer Brokerage Agreement
I have a contract pending on an On-Market property. I'm a wholesaler, so cash or Hard money buyers. However, when the agent sent over the paperwork for this deal (I.e. P&S, Disclosures), she sent a Buyer Brokerage Agreement attached for me to sign and review.
Because this is cash or a hard money purchase, I typically don't use a Broker [for the Buyer's side].
If this was you, would you hire the broker for your side of the deal? Is the agent necessary? What would be the benefits of utilizing the agent, if you're wholesaling?
I know some Wholesalers use this as leverage with the agent to close the deal, but they're already interested.