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Updated over 5 years ago,
Steps to Wholetail as a Real Estate Agent
Hello BP family, can anyone list and describe the steps to wholetail a deal. Essentially there are some deals that are found from my peers that are move-in ready and would be good to present on the MLS for conventional buyers. My peers have the terminology in their P&S that allow them to list on the MLS.
I have a few questions concerning the process in GA:
1. Who to add on the Exclusive Right to Sell Listing Agreement, my peer who has equitable interest or the owner?
2. Will conventional buyers have financing/underwriting issues with the seller not being the current owner?
3. With conventional financing I am thinking the only way to close is by the double closing process, instead of an assignment agreement between my peer and the end buyer.
Thanks in advance for your help!