Can You Wholesale off the MLS?

[James Danchus]

BP,

Quick question: Is it possible to wholesale deals off the MLS? I got the idea from listening to a few podcast this last week. I have been looking at a few properties in my area that have been on the MLS for at least 90 days but I don't know how you would deal with the agent. Has anyone ever done this before? Any tips?

[Brandon L.]

@James Danchus it is absolutely possible. This may seem over simplified but you have the price in your head you want to pay, and you negotiate with the seller through an agent. The seller will either accept or reject.

What is the average days on market in your area? What is the condition of the property? What is the situation of the seller? 

If the house has been on the market longer than the average, it's most likely because it is priced incorrectly.