Wholesalers in Vancouver Canada

1 Reply

Hi Arshi, I'm not sure what you mean by wholesaler, but wholesaling the way it's done in the US is illegal in BC.

You a can't get a property under contract and then sell the contract before closing, like they do in the US. Any proceeds from the sale have to be paid to the original seller of the property, so the wholesaler would not legally be able to profit. You can have the seller sign a disclosure of assignment agreement, but even then you will be in very hot water with the real estate council of BC.

There are no wholesale companies or wholesale brokers in BC.