35 min
Ep 15: Wholesaling and ibuyers & Should Realtors be wholesaling? Joe McCabe and Bruce Waller of HOME FRONT MORTGAGE Just Take Action with Joe McCabe
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- Business
When does wholesaling bridge on becoming unlicensed activities and when does it become predatory. Should realtors be engaging?
Real estate wholesaling occurs when a party (the "wholeseller") contracts with a home seller, markets the home to potential buyers, and then assigns the contract to one of them. The wholesaler makes a profit, which is the difference between the contracted price with the seller and the amount paid by the buyer. The goal in real estate wholesaling is to sell the home before the contract with the original homeowner closes
.Joseph C. McCabe
RE/MAX Experts | OWNER
4320 Main Street
Philadelphia, PA 19127
Office (267)-520-3711
FAX (267)-520-3727
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Support this podcast: https://podcasters.spotify.com/pod/show/josephmccabe/support
When does wholesaling bridge on becoming unlicensed activities and when does it become predatory. Should realtors be engaging?
Real estate wholesaling occurs when a party (the "wholeseller") contracts with a home seller, markets the home to potential buyers, and then assigns the contract to one of them. The wholesaler makes a profit, which is the difference between the contracted price with the seller and the amount paid by the buyer. The goal in real estate wholesaling is to sell the home before the contract with the original homeowner closes
.Joseph C. McCabe
RE/MAX Experts | OWNER
4320 Main Street
Philadelphia, PA 19127
Office (267)-520-3711
FAX (267)-520-3727
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Support this podcast: https://podcasters.spotify.com/pod/show/josephmccabe/support
35 min