Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

26
Posts
19
Votes
Michael Orakpo
  • Rental Property Investor
  • Cleveland, OH
19
Votes |
26
Posts

Wholesale Vs Traditional Real Estate

Michael Orakpo
  • Rental Property Investor
  • Cleveland, OH
Posted

Hello BP Newbie Here,

 I am Brand new to the Real Estate world, but not the World of Sales. I'm young but have a good skill in sales, so I know if I put the time in over time it will pay off.

My question is which route would you guys consider, I love the idea of working at Networth Realty & selling wholesale properties to investors, but I also love  the traditional route of working at Keller Williams & doing traditional transactions. If anybody worked for either company or knows about both please chime in Thanks!

Most Popular Reply

User Stats

1,509
Posts
996
Votes
Patrick Britton
  • Ann Arbor, MI
996
Votes |
1,509
Posts
Patrick Britton
  • Ann Arbor, MI
Replied

i'd go with the licensed route for 2 reasons:

1.  as a broker you get paid when you represent buyers as well as sellers

2.  wholesaling really only works in a buyer's market.  when your market is Seattle, San Francisco, Manhattan, etc., or any other strong seller's market no sane owner will sell at a 30% discount to a "cash buyer."  sure there are people wholesaling in those areas, but no where near the number in buyers' markets.  

Loading replies...