Now I’m not a pro in wholesaling as I’m just now venturing into it and don’t have the credibility here on BP as many like to see but wanted to jump into this thread because it really is interesting..In MY UNDERSTANDING brokers don’t realize that we offer different services. They mostly specialize in navigating their clients through all aspects of home buying and selling. Rarely do you come across an agent who understands the investing side. Haven’t in my area at least(central nebraska). As wholesalers, we focus on the numbers and what works best as an investment. A good wholesaler at least. Whether it be us buying it,or assigning/double closing. We offer fast service for those who NEED to sell fast and their house cannot sit in the market for 6 months. The problem is the gurus who claim it to be easy also. It’s those people who give wholesalers a bad name. Wholesaling is not easy. Takes a lot of dedication and hard work. You don’t see a broker tracking down for 5 hours the owner of the vacant house with overgrown grass. I have taken real estate classes for licensing-Brokerage, principles and practices, and finance. But don’t find it as profitable to be an agent/broker or even spend the time getting licensed for its benefits as an investor. And as to it only being broke people who get into wholesaling…As of now, I have a full-time job that pays me well and live comfortably. I’m just wanting to get more out of life and seems wholesaling is the way to get started in real estate investing. Just because we don’t have a license doesn’t mean we don’t intend to operate ethically. I agree that you cannot market for a property as a cash buyer if you don’t have the cash in hand.. But you can let them know that you have availability of funds that allow you to close fast..This where you fully disclose what your operation is about and how they can benefit from your service. If they don’t want to work with you, fine move on. If they’re looking for optimal sales price, then sell the home yourself or list with a broker. And If your state allows it and you’re assigning the contract, make sure you have the end buyer ready to close. If it’s a good deal, they’re buying. There’s always going be those people trying to take advantage of others no matter what field of business you’re in. Agents/Brokers included. In my opinon, we both bring certain value, and there’s room for both of us to operate in harmony. idk why all the hostility.
