Evergreen Housing Network: The truth about working with wholesalers | Opinion

Most of these individuals make their commission on an additional fee that they have the buyer pay. This fee can be as much or as little as the wholesaler decides, compared to agents who nearly always charge a 2-3% fee. 

While sometimes a fee can seem large, clients must take into consideration the costs of operating a business—employees, marketing and all the time involved in the deal. There is a lot of work and capital required behind the scenes to even get one home under contract and sold.

While many wholesalers are a great alternative to agents for selling or buying a home, it’s important for you to do your due diligence before working with one. 

You can do this by speaking with the title and escrow company, who the wholesaler works with, to verify their business. Additionally, asking for references of previous clients is another way to gauge how the wholesaler operates their business. The main goal is making sure the wholesaler you’re working with is knowledgeable, trustworthy and experienced.

So, the next time you receive a request asking if you’d like to sell your home or you’re looking for a property to purchase, we recommend working with a wholesaler as an alternative to real estate agents. For more information on how to get in touch with a wholesaler, give us a call at 253-266-3973.