Wholesalers w/ online presence - only scraps left?

[Simon Hernandez]

The prevailing sentiment around here is that listings on sites like Loopnet are basically ones that have been summarily rejected by first line buyers with a solid broker relationship. Same thing for MLS listings. Almost all of the best listings and off-market deals are typically offered to close business associates before they hit Zillow, etc. That's the nature of the biz and the reason why networking is so important. I'm noticing that there are many wholesalers who have scaled up to such a degree that they have robust websites with all of their available inventory for perusal and sale to newer unestablished investors (among others, of course). Is it safe to assume that these wholesale listings are no different from Loopnet and MLS in terms of their "meat on the bone" quality? I have to imagine that the ones that made it on the websites for general public consumption were passed over by more trusted and experienced investors first, thereby making them much riskier for a novice buyer. How far off base am I? I mean absolutely no disrespect towards these wholesalers at all. Just trying to get a handle on how these things work.