Wholesaling real estate in Texas

Wholesaling real estate in Texas works like this: the wholesaler and seller enter into a contract for sale of the property. But rather than closing on the property the wholesaler enters into an agreement to assign his or her rights to a third-party buyer. Unlike the wholesaler, this buyer actually takes possession of the property.

Rather than actually purchasing the property and taking possession, the wholesaler has entered into what is actually a temporary contract with the owner. The contract terms differ from the typical real estate contract in that it gives the wholesaler the right to sell the property to the ultimate buyer on the owner’s behalf, keeping whatever profit they can turn for themselves.

Why would a homeowner be alright with a wholesaler making money from his home? Well, the truth is every situation is different. But more than likely the homeowner just needs to sell the house quickly and they don’t want to spend the money to get the house ready for sale. These homes are usually in distress and are going to be foreclosed on.

If you would like to learn how to wholesale real estate in Texas fill out our form below. We love to mentor individuals in wholesaling. I’ll show you all you need to know on how to wholesale real estate. I’ll explain how I wholesale properties in San Antonio, New Braunfels, Austin, Corpus Christi, Rockport and other small Texas cities.

Wholesaing 101

Learn how to wholesale real estate in Texas
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Rick Baker

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