If he has any sort of interest in the property, he is legally and ethically bound to disclose his position to potential buyers.  

The agent I work with works hard, she is ethical and she is a decent negotiator.

However, I don't mind introducing individuals that I believe are ethical and have had positive working relationship with.

You do not have what it takes to succeed with your present work ethic. 

I'm also going to file an ethics complaint against the listing agent for double ending a deal with someone who has an agent already.I can and do make things difficult for unethical people in this business.Also if some one doesn't have an agent and goes straight to the listing agent....that person is going to get so taken advantage of, while being convinced they got a good deal.

Mindy and Jim are correct, but there is much more to it.Wholesaling the way the gurus teach it has a lot of ethical and legal issues, but set that aside, you can read the forums.As to steps, it depends on the property, buyer and seller requirements, title examination, lien releases and other conditions as to what must be accomplished after a contract is accepted and to get to settlement.

From postings on BP, it is apparent many enter that arena with no money, no ability to close, and no ethics demonstrated by putting properties under contract with BS clauses to walk if they cannot assign.

They are acting as an agent without the laws, ethics requirements, education, and insurance that are vital IMO.If you want an education in frauds and scammers, you will get it reading the threads on BP.

They are acting as an agent without the laws, ethics requirements, education, and insurance that are vital IMO

They are ethical and honest.