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Updated over 11 years ago,

User Stats

139
Posts
10
Votes
Raden Mantuano
  • Wholesaler
  • Southern, CA
10
Votes |
139
Posts

Telling the Sellers Agent.

Raden Mantuano
  • Wholesaler
  • Southern, CA
Posted

1st question.
So I may have my first deal on contract soon, I went straight to the seller and he never mentioned he had an agent, but me n the seller agreed on terms. Now he is going to send the agreement to his agent to talk to me. My question is, how do I go about that? What do i tell the agent if he asks how im getting the money?, or why is the earnest money deposit only $10 etc.. How do i not give out clues that i am not wholesaling the home. Because from my research agents wont let you submit an offer. Thanks guys.

another question:
If ARV is 100k and the purchase agreement offer is 65k only 5k in repairs 5k profit. Is it worth a deal? Would I be able to find a cash buyer quickly with this?

I multiplied the ARV by 75% seller wouldnt go lower than 65k

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