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Article Title: What is Wholesaling Houses?
Author: Matthew Stone
Category: Real Estate, Career, Entrepreneurship
Word Count: 618
Keywords: wholesaling homes,wholesaling houses,wholesaling real estate,real 
estate wholesaling
Author's Email Address: [email protected]
Article Source: http://www.articlemarketer.com
------------------ ARTICLE START ------------------

In today's difficult economy, more and more people are searching for ways to 
make money fast from home. The dream of being self employed and self sufficient 
doesn't have to be a dream any longer with home wholesaling. When you wholesale 
a home, you search for the biggest and best bargains out there on the market 
today, swoop in and then pair up that property with a seller who is looking for 
a great deal. You tack on a small finder's fee and the transaction commences 
smoothly. You have to have a nose for a bargain and the ability to find both 
buyers and sellers, but once you do, you can begin to make more money than you 
ever were at your day job.

How do I get started?

Before you quit your full time job for a career as a wholesaler, you need to 
have a constant stream of properties that you can sell. Most people begin this 
job because they are friends with someone like a divorce attorney who is 
constantly privy to new home sales at incredible discounts. You can also 
develop friendships with bankers who work in the foreclosure department. No 
matter where your stream of properties comes from, you must have a way of 
discovering motivated buyers, otherwise, your new job may be over before it 
starts.

Getting Your Name Out There

Next, you need a sound business plan and an advertising strategy. Many people 
choose to build their own website and then use classified ads and direct mail 
to alert people far and wide that they are now in business as a property 
wholesaler. For your ads aimed at sellers, you want to project confidence, hope 
and reassurance. To buyers, you want to project an image of trust, value and 
integrity. You need both sets of people to trust you with their hard earned 
cash. It may take some trial and error, but you can master the ability to 
advertise to both crowds for maximum effectiveness.

Developing lasting relationships

Since you are hopefully going to be moving properties on a regular basis, you 
are going to be in contact with lawyers, bankers and other officials on a 
regular basis. It is a very good idea to develop a positive working 
relationship with these people since each person is often privy to information 
that could help you land more clients and move more properties. Use your 
business sense to shake hands, remember names and do favors. You never know 
when good karma is going to come back at you tenfold.

Get to Know the Business

Every year, millions of potential home sales fall through at the last minute 
due to closing entanglements. You don't have to be a long time real estate 
professional to understand this process, so go out, read a few books and ask 
pertinent questions of those in the industry so that the closing process 
becomes automatic for your buyers and sellers. They are both going to be 
looking to you for leadership, advice and opinions. You don't want to be caught 
saying "I don't know" very often or your reputation will suffer the consequences

Dot Your I's and Cross Your T's

Time is money in the life of a real estate wholesaler, but that doesn't mean 
you can't go the extra mile now and then to really impress your sellers and 
buyers. The single most important thing to a real estate professional is their 
reputation. If you begin to build a reputation as someone who does the bare 
minimum, you may not be in business very long. Make sure both your seller and 
your buyer are comfortable with how the transaction is proceeding, if not, do 
everything in your power to ensure that you end up with happy customers.

FREE VIDEO: "How to Get Rich From Real Estate the 'Lazy' Way
and Never Be Humiliated Because It's 100% Risk-Free"
Click here to watch the FREE video:
http://www.GetStartedWithRealEstate.com
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