Why do you buy from a wholesaler?

[Riley Gilson]

Not sure if this is the best place to get the feedback I'm looking for, but hopefully someone has a keyword filter up just in case.

For those of you who buy from wholesalers on a regular or semi regular (open to interpretation) basis, what is your main driver?

Is it the fact that they have done a lot of the legwork for you? Do you trust their ability to spot good deals for your hold or flip strategy?

If you are a wholesaler who feels you have a good understanding of why your buyer continues to utilize your services, please feel free to chime in.

[Shane Hedeen]

In a nutshell, any investor looking for a specific property will buy from any source - MLS, wholesaler, etc. The deal has to be right for that investor, and if it is, and the seller gets out of a home, the wholesaler makes a cut for finding the deal and getting under contract, and the buyer gets an investment property - it can be a win all around.

Wholesaling is a tough thing to do well, as you have to know a lot about comps, neighborhood, how to attract people to contact you somehow with off market homes, and how to look at a home and estimate rehab costs accurately. A lot of gurus will sell people the idea that you can wholesale properties with no money, which is what causes a lot of people who do it to be complete garbage who have no idea what they are doing. 

If someone is a buy and hold person, or maybe a flipper, and they have a great deal brought to them... why wouldn't they take it? Ultimately, it's the end buyer's risk to purchase the home, regardless of source, and they should always do their due diligence as well and not just trust that someone isn't trying to sell them a bad deal made to look good. 

Not a direct answer, and not from a wholesaler as I'm a Realtor, but hopefully my two cents help.