What is Wholesale Real Estate

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What is Wholesale Real Estate
By - https//joehomebuyerdfw.com/
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• In the Fort Worth real estate industry,
  wholesaling refers to buying a home under
  contract at a lower rate than the market value. A
  wholesaler seeks out desperate sellers, buys the
  house under contract and sells the contract to
  buyers at a slightly higher price than what is
  under contract. The wholesaler is then "paid" the
  difference between the original contract and the
  buyer's purchasing cost. The seller receives
  their funds in cash and can get rid of a home
  they no longer have use for. The wholesaler also
  receives their cut in cash, and the buyers obtain
  an investment property.

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• Wholesalers do not need a real estate license or
  be an agent to start wholesaling distressed
  properties. Instead, they need motivated sellers,
  an assignment contract, buyers looking for an
  investment property, and a quality real estate
  brokerage to ensure you can close. It is rare to
  stumble upon a seller without some start-up cash
  on the wholesaler's part, but it is possible.

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• Why would anyone sell their Fort Worth home at a
  lower price? The reality is some families benefit
  from selling a property to buyers for cold hard,
  quick cash. Some families can avoid foreclosure
  and bad credit by wholesaling a property for
  cash, giving the seller a way out of an
  unfortunate situation and a few thousand dollars
  to move into a new house. In addition, some
  sellers may struggle financially, inherit a
  distressed home, are in the process of divorce or
  entering retirement, and need a simple way to
  sell the house quickly without repair costs or
  showings. Buyers are much more reliable during
  these transactions, so the fear of a purchasers
  loan falling through is not a concern in this
  industry.

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• On the other hand, buyers benefit from a
  wholesale transaction because they can obtain a
  home or property at an off-market rate and avoid
  the time-consuming and competitive bidding
  process that comes with selling a home. Likewise,
  buyers and Fort Worth sellers benefit from
  wholesale real estate by avoiding closing costs,
  hidden fees, or commission rates. This
  hassle-free process makes the transaction easy
  for the buyers, the sellers, who receive cash for
  the property, and wholesalers.

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• Selling a home is easy with Joe Homebuyer. Joe
  Homebuyer offers no closing cost or hidden fees
  and cash offers within 10-minutes. In addition,
  Joe Homebuyer of Dallas and Fort Worth accept
  properties with damaged structures, code
  violations, unfinished interiors, or in need of
  major repairs. Also, they guarantee to sell the
  property in seven days or less, and sellers
  receive an additional 1,000.00 when the home
  closes. Visit https//joehomebuyerdfw.com/ for
  one of the best cash home buyers in Fort Worth
  and get an offer for a house within 10-minutes.