The answer is simple: no. It is not necessary to be a licensed real estate agent to wholesale real estate; you need to be the principal buyer or seller in the respective transaction. ... Instead, you are selling the rights to purchase the property.
How do I use Redfin comps?
- Click on “More Filters.”
- Scroll slightly down and under “Listing Status,” click the toggle that says “For Sale.” This will effectively replace homes for sale with sold homes in your search area.
How do you calculate a wholesale deal?
https://www.youtube.com/watch?v=a8GhcaKEZig
How much do wholesalers make per deal?
“On average, wholesalers can make $5,000 a deal. As long as there is a great deal, finding a buyer is no problem. Serious investors are always looking for a great deal and will jump on one at a moment's notice.”21 jul 2021
How do you calculate maximum allowable offer?
The general idea of calculating the Maximum Allowed Offer is to estimate the After Repair Value (ARV), deduct the fixed costs and rehab cost, and deduct the profit (or equity)* you plan to make. The resulting number, then, is the Maximum Allowed Offer.18 sept 2017