OfflineHey everyone,
I've gotten in contact with a couple of wholesalers in my travels, but I'm kinda' lost about what to do with them right now. I'm wholesaling myself and I need sellers. Should I offer to split an assignment fee with these wholesalers if I bring a buyer? How ddo I go about establishing a 50/50 partnership in writing?
Vincent
__________________
"He who is mighty has done great things for me...He has...exalted those of humble estate; he has filled the hungry with good things..." Matt. 1:49-53
If at any time you get into purchasing other wholesalers will do amazingly for your own business. In my opinion this is one of the best ways to to get the business of purchasing moving.
You can definitely work out a split transaction with them. Talk to them about this then have them sign a non-circumvent agreement so they do not go around you to work the transaction themselves.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Wholesalers can help you both ways. If you have a seller and no
properties you can ask your other wholesalers for properties and if they have buyers and no properties they can do the same thing. Then you sign the agreement and viola!! you've just moved 4 houses!!
Make it happen Vincent!!