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Wholesaling real estate

  • Street: California, USA, 90033
  • City: California
  • State: California
  • Country: United States
  • Zip/Postal Code: 90033
  • Listed: January 31, 2024 10:13 am
  • Expires: 1 day, 17 hours
httpspropertymob.com-3-8e1a821f

Description

Wholesaling in real estate is a process of buying or selling distressed real estate property contracts to suitable investors with the help of a middleman. In a real estate supply chain, a property owner assigns the task of selling the property to a wholesaler under a contract. The wholesaler needs to find a buyer for the property and initiate the buying process. However, wholesalers do not have any direct right to this contract rather they have only a few contractual rights. Thus, in the wholesale process, real estate sellers and investors who are buyers also meet at a common point for property transactions.

 

 

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Listing ID: 66465ba1d1515201

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