If you are a real estate investor, you have most likely been in a room with Realtors and found yourself explaining if not “defending” what you do. On the whole, even seasoned real estate agents don't really understand exactly how a wholesaler operates his business. And when it comes to how they are compensated, there is even less understanding. After all, their reasoning is that a wholesaler:
- Isn't licensed.
- Hasn't had “required” schooling and testing.
- Doesn't have a business that is governed by laws.
- And just makes too much money on one transaction!
This discussion always gets “lively” when those two groups of people start talking business.