​Is it possible to wholesale a home that is listed by a real estate agent/broker?

[Orlando Paz]

Is it possible to wholesale a home that is listed by a real estate agent/broker? I came across a home that needs work. It is listed by a broker for $83K. I looked at some rough comparables on Zillow, to get an approximate ARV. Similar homes sold for $165K. I subtracted 70% of ARV, which equaled $115,500. I then gave a very rough estimate of about $10 to $15K worth of rehab. Included $10,000 as my fee (which I need to determine if this is a fair amount). I came up with $90,500. There is still enough of a spread to cover additional repairs (if needed), and to add to my profit. To me, this sounds like a win, win, win for everyone involved. Just need to know how I can do this with a realtor. Any feedback or advice would be appreciated.

[James DeRoest]

Why as an investor do I need you? If it's listed on mls I'll simply approach the listing agent directly. What exactly are you bringing to the table that MLS isn't?

And he's the thing, if you got a signed contract, give me the details and I find your selling an mls listing, I will simply contact the broker, have your contract nullified or timed out, and buy direct through the broker and save myself a ton of cash.

I do not see the point of you, if a property is listed already on the market.