Luxury wholesaling applies the standard assignment model to high-value properties, typically distressed or off-market estates priced above one million dollars.
Log in to followThis is the first time I have funded the buy side of a luxury deal instead of just reading somebody else's package, so the numbers are the interesting part. Property was a 5,900 s…
After five years of running a service business, the thing I learned is that how you name the charge changes how people fight about it. Bringing that into this room because I'm see…
I've got money set aside and no deals, and I'm reading the luxury assignment numbers with real suspicion. The pitch is that the spread scales with the price, so a single distresse…
I've done a handful of assignments in the $6k to $12k range and I keep running into the same ceiling: my buyers are all small landlords and flippers with maybe $300k of cash each.…
I do cleanouts and staging for a couple of estate attorneys, and one of the families said they'd rather sell me the house than watch it sit through another season. So now I'm hold…
I have a rental closing in a few weeks and I was not planning to touch wholesaling at all, but a guy in a local meetup group said the high-end tier was wide open and nobody was ma…
On the second luxury file I've been near, the seller's attorney asked me a direct question on the first call: are you the buyer. I said I was the buyer of record and that I work w…
Running a small service outfit, mostly doing the disposition legwork for two operators, and one of them has a signed contract on a distressed estate at $1.85m. Seller's counsel st…
I'm looking at funding the buyer side on a distressed estate assignment, 2.3M contract, and the package I was sent has the fee structured in a way I don't understand the purpose o…
I do paper more than properties, and an operator I have worked with twice asked me to build the package on a distressed estate, 7,100 square feet, deceased owner, three siblings s…
Two plain questions I can't get a straight answer to anywhere. First, does wholesaling luxury need a real estate license? I've seen people say absolutely not because you're sellin…
I was there to quote a full re-pipe. Copper, pinhole leaks in three places, house is about 25 years old and nobody has touched it since. Big house, five baths, pool, decent street…
Structural problem I keep circling. In a double close on a luxury property, both deeds record. In states where sale prices are public, the end buyer or their agent can pull the in…
I was looking for income that didn't turn into a second job, which is how I ended up wiring 25k to be the passive half of somebody else's luxury wholesale deal. The setup. An oper…
Trellis here on the management side, so I see the tail end of these deals more than the front end. Two of the operators I manage for argue about this constantly and I want to see…
The contract was on a 6,400 square foot estate on about two acres, deferred maintenance everywhere, roof at end of life, pool shell cracked, kitchen from the early 2000s. Owner wa…
Two operators have approached me in the last month and they want opposite things. The first wants deposit money. He's got sellers who won't take a 5k good faith check on a 1.9M ho…
I've been in the analysis stage for months and I want to stop. The luxury wholesaling material all says the deals are "off-market distressed estates" and I think I'm nodding along…
I'm building a disposition service for operators who put distressed high-value houses under contract and then discover they have nobody to sell them to. Two wholesalers have alrea…
I priced a 7,800 square foot lake-adjacent house last month and the appraiser's world and mine didn't touch. Within four miles and two years there were three arguably comparable c…