light bulb moment: What makes it MY deal???

[Nichole Gabriel]

So, here's a question that may seem REALLY dumb.. but, here goes! If the properties I am researching are listed in the MLS and other listing sites, WHAT makes the one I find, and am after, MY deal?? and if they are listed, doesn't that mean that there's something wrong with them, if not why hasn't another investor or wholesaler already scooped it up?!

[Jon Holdman]

The deal is "your deal" when you have an accepted contract with the seller.

Wholesaling houses by finding deals on the MLS seems like a very tough way to go. Anyone can see the property, and can buy if for something close to the listed price. If you want to wholesale, you need to do your own marketing and find your own sellers.