Sell your house in three easy steps.
Let’s Talk
Our property buyer will give you a free, no-obligation consultation at your convenience.
Get a “Cash” Offer
We buy houses ‘as is’, meaning your property doesn’t need to meet the strict inspection requirements of a traditional sale.
A Fast Closing
Avoid the hassle of showings and open houses. We can sometimes close as quickly as 3 weeks, or as slowly, as you want.
What is Wholesale Real Estate?
Wholesale real estate, also known as wholesaling, is a short-term strategy where an investor acts as a middleman to buy a property under market value and sell the contract to another buyer for a slightly higher price. The investor profits from the difference without making any repairs or improvements. Here’s how it works:
- Contract The investor makes a purchase contract with the seller, sometimes for a small earnest money deposit. The contract specifies the sale price and timeframe.
- Find a buyer The investor seeks an interested buyer to reassign the contract to at a higher price.
- Profit The difference between the purchase and sale price is the wholesale fee, which can range from 5–10% of the property value. So to be transparent, this is how we make a profit.
What’s the advantage selling your home to a wholesale real estate investor?
The main advantage of selling your home to a wholesale real estate investor is the potential for a quick and efficient sale, often with a motivated seller, as wholesalers can bring a cash buyer to the table quickly. This process can also save sellers money by avoiding the traditional costs of a standard real estate sale, such as agent commissions and fees.
Speed and efficiency
- Quick close: Wholesalers often have a network of cash buyers ready to purchase, which can lead to a fast closing, sometimes in a matter of weeks.
- Streamlined process: The transaction can be more efficient because the wholesaler is focused on closing a deal quickly, rather than a traditional sale that can be delayed by inspections, appraisals, or financing.
Cost savings
- No commissions or fees: Unlike a standard sale through an agent, selling to a wholesaler can mean no commission is paid, which can save the seller a significant amount of money.
- Simplified transaction: The wholesaler typically handles the costs involved in the transaction, so the seller is not responsible for many of the expenses associated with selling a home.
Other potential advantages
- Motivated sellers: Wholesalers often work with sellers who are motivated to sell quickly, such as those facing foreclosure or a difficult financial situation.
- “As-is” sale: The property is often sold in its current condition, meaning the seller does not have to deal with the cost and hassle of making repairs or upgrades before selling.
- Large Network: Wholesalers have a large network of cash home buyers to help sell homes fast.
Example of a Wholesale Real Estate Deal
- Wholesale Real Estate Investor finds a homeowner who needs to sell a run-down house quickly and agrees to a purchase price of $90,000.
- The wholesaler then finds an investor who is willing to buy the house for $100,000.
- The wholesaler assigns the $90,000 purchase contract to the investor for a $10,000 fee.
- The Investor pays the $10,000 fee to the wholesaler and then closes the sale with the homeowner for $90,000.
Have more questions?
Read our FAQs
Who is We Buy Houses?
We Buy Houses is a franchise corporation headquartered in Dallas, Texas. We are a network of real estate investors dedicated to serving homeowners with care and understanding. This collaboration enables us to keep up a high standard of service when we buy houses across the continental United States. Since our start back in 1996, we have bought over 150,000 properties. We have more than 1,100 independently owned and operated franchises in 46 states, so we can serve you almost anywhere in the continental United States. We stand out as the largest and most successful franchiser in the off-market house-buying industry in the US. Operating with the highest industry standards and systems, We Buy Ugly Houses is synonymous with trust and reliability, and we proudly hold the title of America’s trusted home buyer.
Do you charge a fee for visiting my house and making an offer?
Absolutely not. We do this entirely at no charge. Contact us today for a free offer.
Ready to set up a free, no-obligation consultation with a local property specialist?
What should I fix before I sell my house?
Nothing, if you’re selling to We Buy Ugly Houses. We can buy your house just the way it is, so you won’t have to repair anything or even sweep the floor.
Call or click to contact your local property specialist for a free consultation today!
Cash for your house is only the beginning.
If you’re searching for a cash home buyer, chances are you want to sell without making repairs or updates. We make the process easier by purchasing houses “as is,” so you can skip costly repairs. Plus, your home doesn’t need to meet the strict inspection standards of a traditional FHA or VA loan.