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==== What is Real Estate Wholesaling? ==== Real estate wholesaling involves finding properties at a discount, securing them under contract, and then assigning that contract to an end buyer for a profit. Hereβs a breakdown of the process: # '''Finding Properties:''' #* '''Distressed Properties:''' Look for properties in need of repair or owned by motivated sellers who are eager to sell quickly. #* '''Off-Market Deals:''' Focus on properties not listed on the MLS (Multiple Listing Service). These can often be found through networking, direct mail, or online marketing. # '''Contract Assignment:''' #* '''Securing the Property:''' Negotiate a purchase price with the seller and secure the property under contract. #* '''Assigning the Contract:''' Instead of closing on the property yourself, you assign the contract to an end buyer (usually a real estate investor) for a fee. # '''Closing the Deal:''' #* '''Finalizing the Transaction:''' The end buyer closes on the property, and you collect an assignment fee for facilitating the deal.
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