It's abnormal REO, you'll waste your time with any REO's that aren't listed yet.

thank you guys for the repliesI got these steps from an investor who gave a class that has a law background - and for step five his selling point wast that you have to deliver marketable title at closing not at signing - that's why he said that it's legal to sign a contract with the buyer first before having the actual property - but I agree that if the deal is good and you have a good buyer's database - it shouldn't really matter if he signs first or not and just puts an additional risk that doesn't need to be there - just my two cents and was looking for other people's opinionsthanks again!

Sorry but a lot will waste your time and have no clue what they are doing.

I could have gone after him for monetary damages but you cant get blood from a stone and I do not want to waste my time pursuing something that isn't there.

Stop wasting your time with wholesaling if you're bad at it.

Desktop evaluation is a huge advantage with today's technology and it can save you a lot of wasted gas, but you never really know if you have a deal until somebody puts eyes on that property and the neighborhood.

You don't want to waste their time by not knowing anything in regards to real estate.

Bottom line, you may be wasting your time playing with those pools.

Its true it can be a head ache but I find always stepping back and learning from bad situations, being open to taking the advice from others and always having an open mind with learning new things only get easier.I am a person that sees a solution or has a goal and I get hyper focus and don't like to waste time.

When an investor starts to get CREATIVE which usually means little to no money down and all kinds of off the wall techniques then the odds of closing go way down.For the investor that hits the 1 in 100 miracle home run on a creative deal it is worth it to them but for the broker or agent it's usually just a waste of time.I wouldn't say not having an everyday single agreement is wrong but I would say it greatly reduces your chances of an offer being accepted by a seller.