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Contractors, no. Lenders, yes. Because contractors are in short supply, any contractor we recommend would quickly become too busy or expensive for the original investor who told us about the contractor. As such, we currently do not connect our clients with contractors.

However, because lenders contact us with new offerings and we see what our clients are getting, we an evolving list of lenders that we are happy to introduce clients to. In some cases, these lenders pay us referral fees. To ensure you stay competitive, we do not allow referral fees that increase the total cost beyond what the lender offers without a referral fee.

Yes. Many wholesalers use Pellego and let us know when they have new inventory. We review the deal and the contract and alert the clients that have given us matching criteria.

Thought it may seem counter-intuitive, we encourage our clients to focus firstly on the MLS deals, or what we think of as "pre-contract." From analyzing greater Seattle-area flips since 2002, we see that MLS purchased flips more often than not outperform off-market purchased flips. Additionally, more flips are purchased on the MLS than off-market.

At Pellego, we attack MLS opportunities in three ways:

First, we leverage our data-science core to sort listings, not by how attractively they are priced, but by the probability the seller will sell for the price our clients need. Since we started applying this method in 2016, our clients have consistently purchased more houses below their list price than above (in 2017, in Seattle).

Second, our clients can literally offer more than competitors because we only charge 1% for negotiating and brokering a transaction. This allows our clients to offer as much as 5% more on their purchase price without changing their margin, after considering the savings on the listings. This means that our clients can even compete for popular, obvious deals that get bidding wars.

Third, our clients can make more offers in less time, and do so with more confidence. They can do this because we maintain a distributed team of field agents that document houses when we identify them, with extra videos, photos, and notes. This field report service is available to any of our clients, whether or not we identified the listing. Our clients also gain efficiency with their offer process, because centralize our client bidding process so that only the strong client has to go through the signing and countersigning process.

We do not require any of our clients to use our listing service when they are ready to sell properties they purchased with Pellego. Our philosophy is to earn your business with every transaction.

Many of our clients are agents themselves. We treat agents the same as our clients, in that we expect them to sign a flexible, non-exclusive buyer agency agreement. Most of our agent clients use our service when they purchase and then either list the property themselves or use Pellego as a co-listing service to handle the operations. On a case-by-case basis, we also provide license hanging services to experienced investors who use their license for their own purposes.

Our principal focus is to help investors buy properties. We welcome the opportunity to provide investors with additional deals brought to Pellego by wholesalers. If you have a deal under contract or want to touch base with us before getting a deal under contract, contact your Pellego rep or email us at deals@pellego.com.

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