What Contract To Use To Flip Property From A Realtor?


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  • Jackie,

    I know that you doing usually deal with Realtors. But I have a question pertaining to dealing with Realtors. If I want to flip a property that a Realtor has to a Retail buyer, What is the best contract to use in this case?

    Thanks,

    Wydell

    E: [email protected]

    Not Jackie. But from my experience, Realtors are required to use a contracts approved from the local board.

    I have never and would never want to flip a listed property. There would be too many fingers in the pie.

    If the buyer is getting institutional financing the bank will want to seasoning I would think. For HUD homes I think there is a 90 day rule I think. But I don’t know because I don’t deal with listed properties.

    Hugh is right that realtors have to use their real estate commission contracts.

    Thanks Hugh and Jackie.

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