is working for a wholesale company a good idea?

[Brittany Johnson]

I was recently approached by a wholesaling company about working for them as an Acquisition Manager. I have similar sales experience and the are trying to recruit me.. after doing some research it seems like I could do this on my own if I wanted but they are saying I can make up to 150-200K a year working for them finding houses and they provide leads. I would have to quit my ok salary + commission job. Good idea? Has anyone ever worked for a wholesaling company rather than starting out on your own?

[Jim S.]

@Brittany Johnson A couple of questions- Is this wholesaling company an established organization that has been around for a while or are they just starting out?  Is wholesaling something that you truly want to pursue on your own?  

I would be hesitant to leave a good job for a fledgling company promising that kind of money as those numbers seem pretty high.  However, if they are a legitimate company with a proven track record, have been around for a while AND you really want to get into wholesaling on your own, this could be a tremendous opportunity to learn everything about wholesaling and get paid to do it.  

One thing you definitely want to make sure of before you quit your current position is that you won't be asked to sign a non-compete agreement that would prevent you from doing this on your own or with another wholesaling company.  Non-competes often don't hold up in court but this could still be a huge hassle that could cost you a lot of time and money.

Good luck in however you choose to proceed!