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Updated about 8 years ago on . Most recent reply
![Pavlos Kasselouris's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/325323/1621444396-avatar-pavlos.jpg?twic=v1/output=image/cover=128x128&v=2)
Working with large wholesalers
I was looking at a deal of a wholesaler, and after negotiating the price, I wanted to send them an written offer. In their AS_IS contract for sale, they were listed as the seller, and they listed them self's as the escrow agents for the deposits. In addition I had to pay the title expenses, but they wanted to use their title company.
I'm used of transactions with state approved contracts, since I'm a real estate agent, and all these processes make me feel uncomfortable. This is a double closing deal but again it doesnt make any sense the way they have structured and use the contract.
Whats your opinion?