What I was saying Lamont is that if she collected an option fee and placed a tenant/buyer and then was served a foreclosure notice the tenant/buyer would be SOL in terms of purchasing the home as agreed.

According to our last AZREI meeting, their crazy extensive data shows that we have had and continue to have the highest and fastest growth, appreciation and rent rates in the nation - stable for years.

I do not do SFR but an example would be an investor wanting a property for 50k in a nice area that throws off 1,000 in rent when all the data says all these properties are transacting with multiple offers at 75,000.

For example we have a few MLS systems in So Cal and most share data through the CARETS system HOWEVER some local MLS's do not.

Greater Houston is a great place for real estate investments given the deflated prices compared to other US markets & the impressive population growth.Here are a few tips in this market:- lack of zoning makes knowledge of subdivisions(neighborhoods) VERY important; so know your numbers by subdivisions, i.e DOM, avg sales & rental price per sqft etc- market in Houston below $150k is overpopulated right now- too many people & too many transactions- so don't be fooled by recent sales data since they may be inflated; true value of SF investment properties should be driven by cap rates; SF rental market in Houston in north of 10% cap rateLet us know if we can assist on any way- we provide data to help investors find their own off-market deals.

Some small towns in PA even require contractors with a state issued license to register at their town hall, apparently to collect the fees for that ...

Ultimately, you need to convince the seller to sell to you, and if you're wholesaling, you need to convince the agent not to talk the seller out of selling to you (the seller has the final say, but most sellers will listen to their agent's recommendation).In the end, you'd have to have the seller agree to sell to you, and the agent would still be involved on the seller's side and collect their commission.

Find a seller, find a buyer, put them together, collect a fee.

Fees can not be collected or retained outside delivery of a loan but they can redeem costs to some degree.

You too can lose out as you may get a judgment if he walks but you have to collect, that's a different matter, so that should give you an incentive to be fair with him.