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Updated about 9 years ago,
Wholesale: Seller has Contract with Realtor
Hi everyone. Been mailing and working on SEO for a few months now, and its working very well, getting leads every day. I have a lead on a home just outside Austin TX with an estimated $190K ARV. Seller owes approximately $140K and there are less than $5K in renovations needed. The problem is that the seller singed a 6 month agreement with a Realtor (5 months to go) who led her to believe that he could sell the house in a month. That hasn't happened and she is not going to be able to make her payments. Has anyone here wholesaled a deal with a sellers Realtor involved? I would love to know how it went, how you approached/pitched to the Realtor, etc.