What is wholesaler in real estate-Property Mob

July 20, 2024 1 Min read Views 50 BUSINESS

A wholesaler in real estate, as explained by Property Mob, acts as an intermediary between property sellers and potential buyers. Their primary function is to identify and secure properties at below-market prices, often from motivated sellers or distressed properties. Once a property is under contract, the wholesaler then markets it to their network of real estate investors or buyers at a higher price. The difference between the contracted price and the selling price is the wholesaler’s profit.

Tags: Wholesale realestate
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