RE Wholerssalers prices

[Lisa Mauritis]

Hi All,

I have a question that I hope someone can help me with.  I have been looking at wholesaler property listings that were sent to me from the summer time.  The prices that many of the properties actually sold for was between $10,000 - 20,000 less than the wholesalers had them advertised for.  I am really confused.  Can someone please explain to me how the properties sell for less than what the wholesalers advertise them for?

Thanks in advance!

[Bill Gulley]

Wholesalers screw up!?!?!

Look up "distressed value" here on BP, that may shed light on things like market value (which you might look up the definition of on a n appraisal site).

My guess, the wholesaler advertised to make a killing, had no idea what they were doing and ended up taking much less. Just like most everyone has at one time or another. :)

Good luck :)