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Updated about 9 years ago on . Most recent reply

Seeking a wholesaler friendly Agent in Salt Lake City
I'm a newbie to wholesaling but I have read on BP about the success of some people using RE agents to assist in getting deals under contract, as well as the overall benefit of having an agent that works with investors and wholesalers. Any thoughts on what the best way to go about finding the right agent? I seems like I could find myself on a wild goose chase waisting time.
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
@Kyle Cluff - that's going to be a tough one to find unless you're offering a flat fee to the agent for every offer they draft for you - and there would likely have to be several offers sent before you get any traction. Finding deals that you can make a buck wholesaling is not easy in our area right now. When those deals do come up there's plenty of active buyers with deep pockets or hard money ready to take down themselves. The sellers know that, and so do the agents, so you will get pushback from most seller's agents when they learn you are trying to wholesale - our hood isn't very wholesale friendly to begin with, and less friendly when there are active buyers like we have right now.
From an investor prospective - it would be sweet to get somebody else to do all the heavy lifting of finding a deal that I could wholesale and only have to answer a couple questions and pass some paper (there's more to it than that, but...).
From an agent perspective - if I find that great of a deal, I might take it down myself, or more realistically I would take it to my cash buyers that are waaaaaaay more likely to actually close, rather than a wholesaler that is going to try to pass the deal off to another investor that I have no experience with and have zero faith in their ability to close.
the point is - If a deal around here really is good enough to wholesale, there's already a cash buyer willing and able to take it down faster than you could wholesale it. It would be better for you to start saving your money and get yourself into a position where you could be that cash buyer - or at least be able to put 10 or 20% down on a loan and then flip the deal.