Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
I am a licensed agent and turnkey provider here in Memphis TN. In the last 2 months I have been contacted by 4 different people/companies ( or so they say ) and they always have the same pitch. They are going to start buying and wholesaling homes in Memphis and want me to be their agent. So far sounds great, but then they want me to provide them with every cash buyer that I should be able to access from my local MLS. That is where the scam comes in. They only want to use me for access to cash buyers!! When I tell them that I am truly not able to get them this info from my MLS I never end up hearing from them. Anyone else out there being contacted by these same scammers!!
Real Estate Investor · Memphis, TN · Member since 2014 · 7 posts · 0 votes
12y
I bet they have recently completed some real estate training (on wholesaling or finding cash buyers, etc.) and are doing what was mentioned in the training.
Flipper/Rehabber · Chicago, IL · Member since 2013 · 319 posts · 153 votes
12y
I agree@Russell Ponce@Wayne Brooks . I don't think its something thats illegal, but as far as trying to only "use" someone for your own benefit and not trying to build a legitimate business relationship does seem quite distasteful on the surface. Just my two cents.....
Flipper/Rehabber · Chicago, IL · Member since 2013 · 319 posts · 153 votes
12y
Yeah, it just doesn't seem to kosher to me@Russell Ponce . I guess different strokes for different folks though. I'll just stick with building solid relationships with people; hasn't steered me wrong yet...