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Updated over 7 years ago on . Most recent reply

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20
Posts
2
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Darrius Singleton
  • Contractor
  • Indianapolis, IN
2
Votes |
20
Posts

Who do people assume wholesalers are bad or dishonest?

Darrius Singleton
  • Contractor
  • Indianapolis, IN
Posted

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.

Most Popular Reply

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9,365
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6,551
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,551
Votes |
9,365
Posts
John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied

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? 

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