Detailed Process of Selling Your House to a Real Estate Wholesaler

Are you thinking about selling your house to a Real Estate Wholesaler? You don’t have to look anymore as this article will provide you with the necessary information you need to know regarding this question.

If you’re looking to sell your house, you may have come across several wholesalers trying to lure you in and strike a deal.

This method might secure an early deal but understanding the whole process is important. The method may not produce as much profit as you expected or even provide you with the best offer for your house.

So, let’s jot down some points you should consider before deciding if selling to a real estate wholesaler is the right choice for you.

Who are Wholesalers in Real Estate?

Wholesaling in real estate is quite easy and people with little to no experience can start a career in real estate wholesaling. It is a quick and effective way to get into the real estate business and quickly gain practical experience.

should i sell my house to a real estate wholesaler

The sole role of a real estate wholesaler is to act as a middleman who establishes a connection between you, the seller, and the purchasing party. Most of the time, these real estate wholesalers do not buy the property themselves. They will match you with a competent house-flipper or an investor and finalize a deal.

The other party is the one buying your house. Wholesalers make money by taking a portion of the final selling price as a commission for their services. For your understanding, here’s an example of a real estate wholesaler. 

Let’s say a wholesaler offers you $350,000 for your house, and you accept the offer. The wholesaler will put your house in the listing and pass it through a network of investors at an increased price. After finalizing the deal, you get the amount you want, and the wholesaler makes a profit.

Finding Buyers for Wholesaling Real Estate

Identifying a wholesaler in your area may be easier than you think. You need to look for some indications to help you identify one, or you can ask around to find a wholesaler.

Advertising your house for sale is one of the ways to find wholesalers. This can be done by attaching “For Sale’ signs to the sides of a road or near telephone booths. These signs do not always direct you to a wholesaler, but they can act as a good lead.

Sometimes, wholesalers even send postcards to home addresses.  It is an effective way for wholesalers to get more houses out in the market.

You can even ask around to get leads from a real estate agent. Ask them basic questions regarding how they will sell the property, whether they work as a middle man, and any other questions you have in mind.

Using Top Cash Offer to Find a Wholesaler

If you want to find a wholesaler but do not have enough time or energy to find one then let Top Cash Offer help you in finding a wholesaler to buy your house.
We provide services in selling houses through a foolproof method and provide our clients with the best cash offer they can get. You just have to fill out a form and our professionals will contact you. 
  1. A certified and experienced wholesaler can walk you through the entire process. You can expect complete transparency about how your house will be sold.
  2. Wholesalers usually have a strong network of investors that can help you close a deal quickly.
  3. If you don’t feel confident about closing a deal on your own, they can offer guidance and professional assistance.

The Disadvantages of Selling Your House to a Real Estate Investor

  1. You end up selling your house at a lower price, whereas you could’ve gotten a bigger sum if you dealt with the buyer directly. But it can be quite hectic process.
  2. Sometimes, a wholesaler cannot find the right investor or buyer for you and has to cancel the contract. That brings you back to square one, where you have to start the whole process again.

           See Also: How Property Owners Struggle With Hoarder Homes

Final Notes

Should I Sell My House to a Real Estate Wholesaler? We hope our answer to this question has satisfied you. Finding a real estate wholesaler is a great way to close a deal quickly. Some wholesalers will buy the house themselves and repair any damages to the house on their own.

You don’t have to get into the hassle of fixing your house and putting it up on the market. Contact us now to get a fair cash offer and to speed up the process of selling your house.