Friday, May 1, 2009

Why do a Real Estate Wholesaler Need a Website

A real estate wholesaler is someone that purchases or takes control of properties that have a lot of equity in them and sells the properties to investors for a profit. The real estate wholesaler will always have some financial obligation in the properties. The real estate wholesaler may have purchased the property outright or will have purchased an option on the property to purchase the property at a specified price by a specific date.

Fundamentally a real estate wholesaler is looking for properties that have a lot of equity, and for some reason the seller are selling the property below market value. These could be homes that are in foreclosures, tax sales, bank sales, builders, tired landlords, estate sales and inherited properties with out of area owners and so on.

There are some factors that has to be considered the why a real estate wholesaler needs a website:

  • Wholesalers must build a database of rehabbers who are looking for wholesale deals and that database could be placed on the website. This would give an idea to other wholesalers or to the buyers that which property they can buy.

  • Internet is convenient for the user and highly cost-effective for the real estate wholesaler.

  • A good website will be your showroom and greatest marketing opportunity, expand your market reach, stay in contact with buyers, and signal to potential clients that you are serious about your business.

  • Your website will provide the best possible platform for your real estate, other than visiting the property in person.

  • The wholesalers website will save potential buyers valuable time by displaying all real estate properties you have available at their fingertips.

  • If a real estate investor from across the country is interested in entering your market, your website will provide him or her with valuable information about your locality.