You will get straight facts at a very reasonable cost.One side benefit of being licensed is getting a split on listed properties if you represent yourself as a buyer.

Since most wholesalers aren't represented by an agent/broker, this is an excellent point to consider.

You've heard that old adage about a person who tries to represent themselves in a real estate transaction has a fool for a client....I think the market is pretty strong in my neck of the woods, and I am aiming to rehab a home in a way that takes into consideration what the target market will be looking for.So if I stage it, get it on a bunch of websites, maybe network, possibly put an ad in the paper, and do open houses, could I not sell in a decent amount of time for a decent price?

Even then, the MLS numbers may not represent a true fair-market value.

The nice customer service representative I spoke with on the phone did not know the answer to this question, and put me on hold to ask someone who knows the answer to this question.

He explained to me, however, that he feels that open houses do more for the realtor than the seller, because the realtor typically collects new buyers to represent when they come to the open house and don't already have a realtor representing them.

Since these are properties that I am wholesaling and assigning, I am not listing them on the MLS.I am strictly speaking about wholesaling properties, my friend gives me agents who represented someone with cash, I call them up say Hey do you want another one I will give you 3% of the contract sales price for brining me a buyer.

However, you might find that they are actually renting for some amount less ($575, $550) and the $1,200 in fact represents what the seller thinks they COULD rent for.The reason you have a due diligence period after agreeing to a price is that so many factors of your deal need to have the variable of the sales price solved before making an accurate decision.

There's usually some problem if they will.Is the agent representing the sellers, or just you, and do you know if the sellers understand the implications/risks of a sub 2?

Does it still need to be filled out if I'm not representing anyone?