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All Forum Posts by: David Ruhlman

David Ruhlman has started 0 posts and replied 3 times.

Post: Wholesaling Unethical? Why or why not?

David RuhlmanPosted
  • Posts 3
  • Votes 10

@James Wise but you are commenting with an opinion on right and wrong and what you think is acceptable or not so I assumed you had a solution on it since some home owners do own distressed properties that they prefer to sell in As Is condition which typically realtors do not want to sell due to them being lower dollar amount, and wholesalers do. So if you don't have a solution that is fine, I just thought you might since you had such a strong opinion on it. 

Post: Wholesaling Unethical? Why or why not?

David RuhlmanPosted
  • Posts 3
  • Votes 10

@james 

@James Wise So James honest question, if every wholesaler got a license and operated the same way that they do now you would be ok with that? If they just took the test and passed. 

Post: Wholesaling Unethical? Why or why not?

David RuhlmanPosted
  • Posts 3
  • Votes 10

Hi Jacob,

Honest question you posted there. In regards to the flipper being able to go directly to the property owner without being charged a fee, yes they 100% could. But, the wholesaler is providing a service to the flipper that they are obviously willing to pay for. The flipper has their own business to run whether they are doing the flip themselves and run a construction company, or are doing whatever else they do to give themselves enough capital to be able to flip a house. Either way, the flipper is not wanting to pay for the marketing, do the cold calling, set the appointment with the seller, negotiate price. They just want to find a property and flip it. Could they do all of that themselves and pay less to buy the property directly from the seller? Yes. But they are willing to pay that assignment fee to not do that work.