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Updated over 5 years ago on . Most recent reply

Account Closed
  • Philadelphia, PA
9
Votes |
37
Posts

Wholesaling off market deal with realtor??

Account Closed
  • Philadelphia, PA
Posted

Hello all,

I found a vacant home recently , I skip-traced the home and left a message for owners. In return I received a call from a realtor who told me the family was interested in selling and that they preferred to use a realtor to negotiate. They accepted my offer, and the realtor presented with a standard realtor contract. Part of the contract states that I can’t assign unless otherwise giving written consent to seller. I never told the realtor that I intended to wholesale contract. What should I do? Is the fact that the house is off market make a difference?

You’re help is greatly appreciated.

Most Popular Reply

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9,365
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,551
Votes |
9,365
Posts
John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

The agent should request proof of funds from you so you don't jerk the seller around.

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