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Wholesaling
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Updated 6 months ago,

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2
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1
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Wholesaling with a real estate agent

Jerrell Sweeting
Posted

So I'm coming up with ideas of how I can make money wholesaling and I have some questions to see if these ideas could work.

If i were to go under contract with a FSBO, for a set price on a property with an assignable contract. Could I have a real estate agent find a buyer for this contract/property and offer the agent a percentage of the assignment fee?

Market Value of the property: 

For example, I convinced a FSBO to sell his property for $300,000 with the contract being assignable and I go under contract

Then, I find a real estate agent, tell them that I have a deal and I'm offering 33% of my assignment fee which is 30k so the agent would be getting $10,000. Should I consult with a real estate attorney when drafting up a contract? Would this idea for wholesaling work????

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