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Ep 15: Wholesaling and ibuyers & Should Realtors be wholesaling? Joe McCabe and Bruce Waller of HOME FRONT MORTGAGE

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Manage episode 232840104 series 2488614
Content provided by Joseph McCabe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joseph McCabe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

--- Support this podcast: https://podcasters.spotify.com/pod/show/josephmccabe/support
  continue reading

18 episodes

Artwork
iconShare
 
Manage episode 232840104 series 2488614
Content provided by Joseph McCabe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joseph McCabe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

--- Support this podcast: https://podcasters.spotify.com/pod/show/josephmccabe/support
  continue reading

18 episodes

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