Basic Wholesaling Question

[Jason Meynard]

Hello all,

New here, did some quick searches prior to posting but as i am typing on my lunch break couldn't go too deep into the archives.

Just a simple questions. I am pursuing a property offered by a wholesaler. $14.9k list price, which includes the assignment fee. My question is this: are wholesalers only able to profit from their assignment fees? Or can they mark up the purchase price as well? Meaning could this wholesaler have the property under contract for 5k, being looking to sell it for 9.9k, plus collect a 5k assignment fee? Or is that not permissible...is the contract price the contract price and only an assignment fee can be collected?

I am simply trying to identify an appropriate negotiating technique. Can i ask straight up what the assignment fee is?

Thanks

J

[Kevin Brown]

@Jason Meynard

Try not to worry too much about what someone else is making on a deal. Unless your going out and getting the leads yourself, you cant control that part of the business. If it makes sense for you at $15k, run with it.