What Are Some Rules To Ensure I'm Doing Fair Transactions?

[Joey Tuckey]

When I originally heard of wholesaling it made me weary that in order to succeed I would need to be "shady". That's just not in my nature. After some research and understanding I see that it is a great way to help people in need and still turn a profit. In a business where recommendations and reputation are the source of the next deal it's important to me to be fair out of the gate. I'd like to hear some thoughts on how to not only ensure that I will get paid for my work but how to safeguard the seller and buyer so that everyone wins? Are there specific rules that you go by?

[Karen Rittenhouse]

Specifically, (1) always use a closing attorney and legal contracts.

(2) Always be honest because there is never a reason not to be. 

Once you and the seller are both happy with the offer, you have a deal.

Like anything in real estate, there is no reason to be "shady" - ever. And you're correct, your reputation will make you successful, or bury you.

Here's to your success!