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Updated over 7 years ago on . Most recent reply
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Who do people assume wholesalers are bad or dishonest?
I genuinely want to know why people assume wholesalers are bad or dishonest? I am thinking about becoming as a means to get into the real estate arena. I have gone to networking event and hear people talk negatively about wholesalers, online I see people saying don't trust a wholesaler. The main complaint are usually the non refundable fee or them overvaluing the property.
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No license
No education
No oversight
No insurance
Skirting laws to broker without a license
No accountability
My question is why would anyone want to deal with someone like this? Non-refundable fees are NOT the norm in the RE industry. What makes someone with these features special and entitled to one?