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Updated over 5 years ago on . Most recent reply

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Wholesale: circumvention of real estate agent? Is it ethical????

Posted

It seems to me that wholesaling is a way of cutting out the agent?

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387
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Michael Gansberg
  • Investor
  • New York City, NY
561
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Michael Gansberg
  • Investor
  • New York City, NY
Replied

Let's have a quiz! Which of these questions comes up most frequently on BP? Any hypotheses on why this might be?

A) Lending: Is it ethical?

B) Making lowball offers: Is it ethical?

C) Being a Real Estate Agent/Broker: Is it ethical?

D) Buying Investment Properties and Crushing it: Is it ethical?

E) Wholesaling: Is it ethical?

We all know the answer is E). Why? My hypothesis is that since "ethics" and "wholesaling" are so frequently put together, we must know, collectively, that something is rotten in the state of Denmark when it comes to wholesaling. Just my two cents.

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