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Updated over 10 years ago,
MLS Wholesaling?
If one were to want to wholesale a property found on the MLS, how much involvement would a real estate agent have? I mean, I know the agent that has the listing will obviously be involved from the seller's standpoint, but would the buyer need to use an agent of their own for submitting an offer or would it be better just going through the seller's in order to cut down on having to pay commissions? Or is it a flat 6% either way you go whether all of it goes to the listing agent or it's split with both agents getting 3% each?
Either way, would the offer be handled the same way as a typical wholesale with the buyer getting the property under contract with an "and/or assigns" clause in it?