How would you like to become a real estate broker? You know, the broker who takes all the profits without having to take any risk. Wholesaling real estate will allow you to become a real estate broker.
So what is a real estate broker? A real estate broker is the person buyers turn to for great deals and sellers for quick sales. As a real estate wholesaler, that’s essentially how you make your money. They pay you the difference between the price that buyers are willing to pay and the price that sellers are willing to sell for.
So what kind of money can you make as a real estate broker? I have had clients of mine who have made over $ 150,000 doing business with intermediaries. Typical real estate brokers can expect profits of $ 7,000 to $ 20,000 per transaction. I have had several deals where I have made close to $ 30,000. The surprising thing is that with those offers I paid less than $ 30,000 for the houses. Where else except in real estate investing can you expect returns in excess of 100% in less than 60 days? Using real estate broker techniques, I have made $ 9,000 in less than 3 days and 20 minutes of work. This is why I love being in the broker business.
In our current slow real estate market, becoming a real estate broker is the perfect answer. Real estate brokers don’t have to worry about slow sales, because they don’t buy what they haven’t sold. Being a real estate broker allows you to buy risk-free, cashless, and credit-free.