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Wholesaling

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Seth Mosley
  • Rental Property Investor
  • Franklin, TN
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What's the point?

Seth Mosley
  • Rental Property Investor
  • Franklin, TN
Posted Jan 9 2015, 19:41

ok. So I realize this may be a loaded  and polarizing question, but just putting it out there:

What is the point of having a wholesaler?

Isn't that what real estate agents are for? To "find" the deals?

I say this out of my only experience dealing with wholesalers, has been a lot of them that have sent me potential deals, none of which have been great deals at all. Maybe I haven't found any of the "good ones" yet and I realize that any good deal that comes my way, no matter what route, is good. But it just seems like the market is very low on inventory as it is, and the deals are hard enough to come by, so it seems to be a precarious season at the moment for one to get into wholesaling. How can they find a deal that we (investors / agents) can't?

Is the market just over saturated with over-eager, under-experienced wholesalers out of guru seminars?

I say all this to say, if you indeed are a wholesaler, then by all means, find a great deal and bring it my way (and get paid of course). But so far, I haven't had such an experience yet.

Interested to see responses from wholesalers, investors, agents...

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