If you've ever searched "sell my house fast" online, you've probably been contacted by wholesalers. But what exactly is a wholesaler, and why should you be cautious?
What is a Wholesaler?
A wholesaler is someone who puts your home under contract with no intention of actually buying it. Instead, they "assign" or sell that contract to another buyer — pocketing the difference as their fee. This means you're getting less for your home because there's a middleman taking a cut.
The Problems with Wholesalers
- Lower offers: Wholesalers need to leave room for their assignment fee AND the end buyer's profit. This means your offer is typically 10-20% below what a direct buyer would pay.
- Uncertain closings: If the wholesaler can't find a buyer, the deal falls through. You've wasted weeks or months.
- No accountability: Many wholesalers aren't licensed real estate professionals. They have no fiduciary duty to you.
- Bait and switch: Some wholesalers will give you a high initial offer, then reduce it after inspection.
Ready to Sell Your Home?
Get a fair, no-obligation cash offer in 24 hours. No fees, no repairs, close in as few as 5 days.
How Skyline REI Group is Different
We are NOT wholesalers. We are direct end-buyers who purchase homes with our own cash. When we make you an offer, we're the ones buying your home — period. There's no assignment, no middleman, and no uncertainty.
Here's what that means for you: - Higher offers: Without a wholesaler's fee eating into the deal, we can pay more - Guaranteed closing: We have the cash ready. If we say we're buying, we're buying - Licensed professionals: Molly Ohanian (DRE #01499493) leads our team with integrity - Transparent process: We explain exactly how we arrive at our offer
How to Spot a Wholesaler
Ask these questions: 1. "Are you the one buying my home?" — If they hesitate, they're likely a wholesaler 2. "Do you have a real estate license?" — Many wholesalers don't 3. "Will you assign this contract?" — If yes, walk away 4. "Can I see proof of funds?" — Wholesalers won't have this
At Skyline REI Group, we welcome these questions. We're proud of our transparent, direct approach to home buying. Contact us at (559) 281-8016 for a no-obligation cash offer.
