Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Negative Connotation for Flipper/wholesalers and RE Agents?
Hey everyone. I noticed there seemed to be a negative connotation for Flipper/wholesalers and RE agents in the field of finance specifically. I'm currently a freshman at Uni, and a lot of professionals I've spoken to have said that people who have a degree should strive to be in the RE finance field of real estate (PE, REDEV, Investments, etc.) They seem to underlook wholesalers/flippers and agents. I think this is because of several reasons. The first reason is how in RE finance, there is a larger barrier of entry. a couple of months ago (18 y.o), I got my Notary and RE license quite easily so the barrier of entry is extremely minimal. I also think that because the barrier of entry is so minimal, there is a disparity of competence between these fields.
Another reason would be because of the hierarchy. It seems as if agents and flippers are at the bottom of the totem pole with developers, large institutions, and commercial/investment companies at the top. Generally for an agent and wholesaler, the profit potential is ,on average, less. Of course you have the outliers too, but there are only a handful.
I was wondering specifically if anyone feels that there is a negative connotation in this field and their thoughts on this topic as well.
Thank you.