Wholesaling-Once i have a verbal offer from a seller...?

[Dan Krause]

:D Once i have an e-mailed or verbal (agreed upon) price from a seller can i immediatley begin soliciting for buyers? On classified sites, real estate sites, etc.? I would have a verbal contract to make a start. But while in the process of expediting a contract for the seller to sign can i simutaneously post that same property (address) for sale?I would be selling the contract to a buyer and not the actual property-that would be between my seller and buyer (when i get one). Of course the property itself is FSBO. Are there any legal repercussions to using the process i just described?Let me know. Thanks, Dan

[Delondon Dear]

Dan there are several diffrent ways that you can handle this. Whats taking so long to get the paperwork over to the seller? Get the contract signed.

If you want to find buyers, hit up CL and you will have more Cash Buyers on hand than you can handle. (go to my site to get the free vid.)
Finding the buyer will be the easy part.
I would not post the address of the property in any ad until I have a contract signed. Even then, using my method, I would have my cash buyers call or email me first before I give them the lockbox number and address.

That way you can gather and build a buyers list that you can contact every time you have a potential deal.