What is wholesaler in real estate

A wholesaler in real estate is an intermediary who facilitates the buying and selling of properties without actually owning them. Wholesalers typically identify potential investment properties, negotiate a purchase price with the seller, and then assign the contract to a buyer (often an investor) for a fee. This allows the wholesaler to profit from the transaction without having to take on the financial responsibility of purchasing and rehabilitating the property. In essence, wholesalers serve as matchmakers between motivated sellers and investors looking for opportunities in the real estate market.

A wholesaler in real estate is a person or company that facilitates property transactions between two parties without actually owning the property themselves. Typically, a wholesaler will identify properties that are for sale, negotiate a price with the owner, and then sell the contract to another buyer who will take ownership of the property. This allows the wholesaler to profit from the difference between the purchase and sale prices without ever actually owning the property. Wholesalers are often active in real estate markets where there are distressed or undervalued properties that can be purchased at a discount and sold to investors looking for a good deal. Essentially, a wholesaler connects motivated sellers with buyers, while taking a fee for their services.