A wholesaler in real estate acts as an intermediary between sellers and buyers. Their primary role is to find properties at below-market prices, often through distressed sales, foreclosures, or properties in need of repair. The wholesaler then enters into a contract with the property owner to purchase the property and subsequently assigns or sells this contract to a buyer, typically an investor or a flipper, for a fee. This process allows the wholesaler to profit without owning or renovating the property. Property Mob, specializing in this niche, provides resources, training, and support to help real estate wholesalers succeed by offering strategies for finding deals, negotiating contracts, and building a network of potential buyers.
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