Do I need a real estate license to wholesale?

It depends on your state. States like Illinois, Pennsylvania, and Oklahoma require a license for most wholesaling activity. Verify your state's current rules with a local attorney.

How much can wholesalers make per deal?

Typical assignment fees range from $5,000 to $25,000, with experienced wholesalers in hot markets occasionally seeing $50,000+.

Investing strategy

Wholesale Real Estate

Find the deal, contract it, assign it — wholesaling explained.

What is wholesaling?

Wholesalers contract distressed properties at a discount and assign that contract to another investor (typically a flipper) for an assignment fee, without taking title. Done well it requires almost no capital and produces $5,000–$25,000+ assignment fees per deal.

Marketing for motivated sellers

Direct mail, cold calling, SMS, driving for dollars, and online ads to absentee owners, pre-foreclosures, inherited properties, and tired landlords. Lead volume drives the entire business.

Legal considerations

Wholesaling laws vary by state. Some states require a real estate license to wholesale; others restrict how you can advertise the property. Talk to a local real estate attorney before you start.

How FlipOS helps

FlipOS includes a wholesale strategy mode in the deal analyzer, automated comps and a print-ready CMA report you can send straight to your buyers, plus a CRM for your buyer's list — track which investors close on which property types so you can match deals fast.

Run Wholesaling deals in FlipOS

FlipOS includes a deal analyzer with wholesaling built in, plus project management, CRM, and budgets for after the deal closes.

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Frequently asked questions

Do I need a real estate license to wholesale?: It depends on your state. States like Illinois, Pennsylvania, and Oklahoma require a license for most wholesaling activity. Verify your state's current rules with a local attorney.
How much can wholesalers make per deal?: Typical assignment fees range from $5,000 to $25,000, with experienced wholesalers in hot markets occasionally seeing $50,000+.