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Updated almost 11 years ago on . Most recent reply

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68
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Anthony Ogletree
  • Munhall, PA
20
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68
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What to charge as a wholesaler

Anthony Ogletree
  • Munhall, PA
Posted

What's a good fee schedule as a wholesaler? I'm sure its based on the size of the deal but is there a "rule of thumb" that I should stick to when I assign the contract?

Most Popular Reply

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Tim G.
  • Rental Property Investor
  • San Diego, CA
1,918
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Tim G.
  • Rental Property Investor
  • San Diego, CA
Replied

There isn't one. Unless you don't believe in a free market economy.

You add in whatever fee the market will bear. Nothing more, nothing less.


Say you rehab a house but the market has gone up dramatically, or you just picked it up for nothing. Do you list it with a $40k profit because that's that someone said rehabbers should make on a deal? No! You list it at market price and make your money. Same thing applies to wholesale deals.

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