Wholesaling with agent

[Jason Bratter]

Hello BP, My realestate agent has set me up with a 24/7 listing that emails me houses in my price range. The problem is that they are all off the mls. How can i wholesale a house with the seller having a real estate agent? Im sure I cant just go to the seller and tell them to drop their real estate agent. Jason

[Rivers Plowden]

You can't generally wholesale off the MLS, but I guess you could get lucky. Most people use direct mailings, Craigslist posts, bandit signs, and driving for $$ in order to find leads to wholesale. There just won't be enough profit margin with an agent involved, not to mention you will not really find the deeply discounted deals as you can find by direct marketing. Most wholesale deals involve some sort of distress on the seller side. You need to be able to solve their problem and find a mutually beneficial arrangement.