Ethics - when wholesaler brings you a deal you’ve looked

[Alice Huang]

Hello everyone,

My business partner and I would love some insight on whether or not this has happened to you:

Situation:

We've looked at this property on MLS for $119k from our realtor. We liked the property but needs significant work and not for $119k. We did not try to make an offer as we were more keen on another two offers

Now we have a wholesaler bringing the same property for $105k and the property is still listed on MLS

Is this a common practice that wholesalers list a property that is on MLS?

Do we now have to go through the wholesaler? What about our realtor?

Thanks all.