They adhere to a strict code of ethics and are often members of national and local real estate associations.The Process:Property Listing: They list properties on local Multiple Listing Services (MLS), exposing them to a broad audience of potential buyers.Client Representation: Realtors represent either the buyer or the seller, guiding them through the transaction process, ensuring legal compliance, and striving for the best deal for their client.Commission-Based Earnings: They earn through commissions—predetermined percentages of the property’s selling price.Wholesalers: The Middle-MenReal estate wholesalers seek out off-market properties, secure them at significantly low prices, often through a signed contract with a seller, then "assign" or sell that contract to an end buyer for a higher price.The Process:Property Hunt: Wholesalers look for properties often not listed on MLS, sometimes requiring significant repairs or distressed sales.Under Contract: They negotiate directly with sellers and sign a purchase contract, with no intention of actually closing the deal themselves.Assignment of Contract: Wholesalers then sell this contract to an investor or end buyer at a markup, pocketing the difference as their profit.Divergence Creates TensionThis fundamental difference in operations sets the stage for conflict.

It has a very big impact I feel on the above average properties down to the floor properties(something 50-75% of national median income housing price point even in markets that are well below that).

Can likely do a foreign national loan with no US credit score usually with 25% down. 

Listing agents easily own 85% market share nationally if not 95%. 

Basically, house swapping or truly corporate equity.

Especially if its not a national builder/sponsor.

But really...I'll probably just convert it to corporate housing at the threshold of whatever legal limitation they impose.  

It's one of the biggest trends in the PMC industry.Did you know that the national average rate of profits for a PMC is only 10%?

For those in BP Nation who don't know, EVs like my F-150 Lightning run 100% on electricity via batteries and do not use petroleum products as fuel.

Quickly becoming more expensive than national housing average, the areas closest to major employers and the airport are in the 600-700s easily now.