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Purchasing properties for less than their market worth and reselling them for a profit —usually without major renovations—is known as wholesale real estate. Wholesalers find investors who usually look for distressed or discounted properties, help property owners negotiate with investors, and make good agreements. Afterward, wholesalers assign or resell the contracts to other buyers, who are typically investors or real estate developers. This approach helps understand regional markets, effective negotiating abilities, and the capacity to close deals quickly.

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