Why can't wholesalers just..?

[Vana G.]

This may be a really naive question but I haven't heard anyone answer this in the podcasts or the books I've read...

Why can't wholesalers just say they have a buyer and will be reassigning?

Wouldn't this be easier and more transparent?

Vana

[Barry M.]

Vana G.
Part of being a wholesaler is your honesty and being politically correct. Never say that you're gonna pay cash if you're not the one paying cash. Say that you work with private investors and utilizing their funds. And it was never my understanding that a wholesaler gets one price from a seller and "charges" a completely different and higher price to the end buyer. Wholesalers negotiate a price with the seller and assigns the EXACT SAME price to the end buyer. The only thing different is that you do charge an assignment fee for your work with turning leads into good deals. If you can convey this message to your seller with honest and humility, there shouldn't be a problem unless they aren't motivated enough. Lol.