MLS?

[Alex K.]

If a home is listed with the MLS, does that throw the wholesale deal out the window?

[Will Barnard]

I am not going to disagree with Jon's comments, in fact, they are viable, however, I will point out that if you are dealing with REO properties, it poses a whole different way of thinking, or approach if you will.
At least in my market, if the REO hits the MLS, you are pretty much dead in getting a good deal. Of course all markets are not equal so y9ou must identify your market conditions and THEN make an informed decision.