Are sellers at second closing?

[DiEdra Stinson]

Sometimes sellers get teed off to know that wholesalers actually earn a fee.
They seem to think wholesalers don't really do anything. That's what I heard. How do you prevent selles finding this out, particularly if your fee is large?
Are sellers still present at double closings when the wholesaler collects his/her fee? Or do they get their check and scram? I've never been to any kind of closing so I don't know how any of that works. Can anyone inform me?

Thanks!

[Jon Holdman]

A double closing is two completely separate closings. You, as the wholesaler, attend both. The seller only attends the one where they sell to you. The end buyer attends only the one where they buy. That's the whole point of a double closing.

That said, I'd be up front about what you're doing with with seller and let them know from the beginning that 1) you're not really buying their house, and 2) you're going to make a profit on the deal.