Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago, 01/07/2019
Is Wholesaling Immoral?
Wholesaling is new to me, and I have learned a lot about it within the last month or two. However, it seems to me that it is an immoral thing to do (though maybe I am missing something, which is why I am posting this).
For example, if your parents owned a home and were contacted by a wholesaler to sell their home for $40,000 - $50,000 below market value, wouldn't you tell them just to put it on the market with a knowledgeable agent? That's a lot of money for them to lose! And, if you wouldn't feel comfortable with someone treating your parents like this, why is it cool to do this to someone else's parents?