Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

20
Posts
12
Votes
Alex Hake
  • Lincoln City, OR
12
Votes |
20
Posts

Wholesaling as a RE Broker

Alex Hake
  • Lincoln City, OR
Posted

Hey Everyone,

I am a real estate broker on the Oregon Coast, and I literally just learned yesterday that a lot of agents also wholesale. I was up all night obsessing over this! 

Can anyone share any tips, trick, or experience about Wholesaling while being a Real Estate agent? I actually mostly flip and I am building a buy-&-hold business. I have never even considered wholesaling before.

Thanks for the feedback,

Alex Hake

Most Popular Reply

User Stats

9,365
Posts
6,551
Votes
John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,551
Votes |
9,365
Posts
John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

I believe disclosure and accuracy in values are the two most important things to consider. I always offer sellers a listing price or a Buy It Now price where I am offering to purchase for a significant discount under market value. One of the top 10 reasons agents get sued is misleading a seller on value. Personally I do not wholesale because if somebody is offering me a property for 20 or 25% of the market I'm going to purchase that myself and put it into my portfolio.

Loading replies...