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Updated about 12 years ago on . Most recent reply

What if real estate agents knew about wholesaling?
If real estate agents ever discovered how wholesalers make their money, would they still bother becoming or remain agents? I know we are not suppose to let realtors get wind of how wholesalers buy and sell properties for big profits. Wholesalers and agents have quite a bit in common, except one thing.
Most Popular Reply

I'd be willing to bet my house (all of them, actually) that the median income for people who decide to pursue wholesaling is $0.
Had those same individuals decided to become agents, the majority of them would likely make at least a little bit of money.
The only benefit wholesaling has (if you're not in the top 1% of wholesalers, that is), is that it can lead into more lucrative investing activities.
And to clarify, I'm exempting the top 1% of wholesalers here -- they likely make enough that wholesaling is a successful business in and of itself. But, they have business skills and personality traits that few others have.