REO wholesales

[Kevin Hockaday]

i am running into a lot of REOs.  How can I wholesale them? 

[Brett Russell]

@Kevin Hockaday , beyond the issues of how to achieve the transaction, there is the bigger issue of wholesaling any listed property.  Wholesalers are supposed to bring great deals to end buyers, deals that they can't easily find on their own.  

If you are just bringing them a listed property, what value do you bring to command a wholesale fee?  Unless you are a master negotiator and can get the property under contract at a price so low you can add your wholesale fee to it and that total is still lower than the end buyer would have been able to negotiate, then you aren't really bringing any value.  

You should focus on doing your own marketing to find unlisted properties.