All Forum Posts by: Tre' Watson

Im a little cloudy on how a wholesaler gets paid. I have heard wholesalers its through an assignment fee, which you the wholesaler determine using a formula and i have heard wholesalers says its from the difference of the offer accepted from the seller and the offer accepted by the buyer.Just wanting to Know how it works.

@Matt Whiteside

Difference? Are you talking about the difference from what you offered the buyer and what the seller wanted.

Im confused, so you assigned the House underneath a contract for 5000 and They offered to buy The house for 31 as a final offer that you had accepted.

Thanks Melissa for the response. I Am trying to get homes underneath contract but is it better to find buyers first rather getting a home underneath contract.

this has always been a cloudy thought of mine,so do you negotiate on a price as if you were buying or do you take the askers price and find him a deal with one of your motivated buyers.

I don't know why but i have this sense of fear every time i feel like taking the iniative to getting started in wholesaling in my area. I believe this is holding me back from moving forward But is there any advice to just forget about this setback and actually dip my feet in the water.

No one wholesales in my area...Good or bad thing?

Im from the lafayette area in Louisiana and I have come across a few deals but haven't put any homes underneath a ccontract.

 Hi Joe, Im learning much from BP,but I'm not clear on how transactional funds work and the purpose of them can you explain please.

 [email protected]. Can you send me a sample of one you use also. Thanks!