Real estate wholesaling means putting a property under a purchase contract with the seller and then assigning the contract to an end-buyer who closes with the seller and pays the wholesaler an assignment fee.
Real estate wholesaling is a short-term investment strategy used to make money quickly and without actually buying real estate.
Wholesalers find motivated sellers willing to sell their real estate at a discount. They sign a purchase contract with the seller as if the wholesaler was the buyer.
The contract contains a clause allowing the buyer to assign the agreement to a third party.