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Wholesaling
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Updated over 8 years ago, 07/19/2016

User Stats

788
Posts
636
Votes
Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
636
Votes |
788
Posts

$22K Paid to a Wholesaler

Rocky V.
  • Flipper/Rehabber
  • Arlington, TX
Posted

For all you newbies out there I just want to show you that wholesaling is a lucrative business.  I was the buyer on this transaction and never questioned their fee because the property was offered to me at a price I was very comfortable with.  This closed yesterday 7/18/16 on a property in McAllen, TX.

User Stats

572
Posts
335
Votes
Manny Cirino
  • Real Estate Agent
  • Winter haven, FL
335
Votes |
572
Posts
Manny Cirino
  • Real Estate Agent
  • Winter haven, FL
Replied

@Rocky V. I'm so glad to hear you said that. Nothing gives me a bigger headache than dealing with a buyer who is getting an amazing deal, and still questions your fees or looks to go around you. Wholesalers spend a lot of time and money on finding deals, regardless of what the gurus tell you. Good post, great motivation for all the newbies!

User Stats

171
Posts
82
Votes
Larry F.
  • Wholesaler
  • Puyallup, WA
82
Votes |
171
Posts
Larry F.
  • Wholesaler
  • Puyallup, WA
Replied

Agreed,my team works very hard to find deals and we deliver a product for a price that makes the client a profit. I am now putting up my wholessale deals on a auction basis so the buyer can work thier own numbers and put thier best foot forward. Saves alot of haggeling on price and everyone is happy.

Great Job

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User Stats

1,025
Posts
610
Votes
Charles Kao
  • Specialist
  • Grand Rapids, MI
610
Votes |
1,025
Posts
Charles Kao
  • Specialist
  • Grand Rapids, MI
Replied

Rocky V. I agree but just like everybody else there are some good and some
bad wholesalers