vacant houses approach on talking to seller.

vacant houses approach on talking to seller.

Flipper/Rehabber · Columbus, OH · Member since 2019 · 21 posts · 3 votes

how do I go about talking to someone's house who is vacant and lives on the same street as me? 

Also just getting into investing and don't know how to approach this potential lead. they have it listed with a realtor at the moment, but I don't know how long that will last.?

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Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes
6y

I would absolutely just talk to the owner.

Just tell them you buy houses but you don't touch listed houses. Tell them that you are very interested in buying the house if they do not get anywhere with that agent..

Then it is up to the owner to cancel the contract with agent, talk to the agent to see his options or just wait till the contract expires. Often the seller and agent are friends, and the agent doesn't mind cancelling the contract. You never know.

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  • Developer · Charlottesville, VA · Member since 2018 · 4k+ posts · 4k+ votes
    6y

    Since it’s listed with a realtor you should talk them first. 

  • Investor · Austin TX · Member since 2016 · 1k+ posts · 2k+ votes
    6y

    @Tarik Sapp if its listed with a realtor then you need to speak directly with the realtor. The seller can not sell directly to you. Also, if its listed with a realtor than its probably priced higher than you need for it to be a deal. Wholesaling property off the MLS is a big no no.

  • Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes
    6y

    I would absolutely just talk to the owner.

    Just tell them you buy houses but you don't touch listed houses. Tell them that you are very interested in buying the house if they do not get anywhere with that agent..

    Then it is up to the owner to cancel the contract with agent, talk to the agent to see his options or just wait till the contract expires. Often the seller and agent are friends, and the agent doesn't mind cancelling the contract. You never know.

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