Learn EXACTLY What Virtual Wholesaling Is & How It Works!

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Join Alex Martinez and Ryan Zomorodi founders of RealEstateSkills.com, as they break down what virtual wholesaling is and exactly how it works!

In this video, Alex and Ryan discuss:

✅What Is Wholesaling Real Estate?: A quick overview of traditional wholesaling to set the foundation.

✅What Is Virtual Wholesaling?: Learn the key differences between traditional and virtual wholesaling.

✅Can You Wholesale Virtually From Home?: Discover how you can run a successful wholesaling business from the comfort of your home.

✅How Does Virtual Wholesaling Work?: Expert breakdown of the virtual wholesaling process for beginners.

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💻What Is Virtual Wholesaling?

Virtual wholesaling real estate is essentially the same concept as completing traditional wholesale real estate deals, except the wholesaler's involvement is completely independent of their physical presence. This is made possible using digital technologies such as the web, email, digital signatures, and smartphones.

The freedom of location that virtual wholesaling creates allows real estate wholesalers to operate in multiple markets regardless of their proximity to those areas. Essentially, what we're saying is that virtual wholesalers can flip houses in any real estate market from any location in the world without actually seeing the properties for themselves.

📈How Does Virtual Wholesaling Work?

In many ways, virtual wholesaling works the same as traditional real estate wholesaling. Some of the most efficient and successful wholesale businesses that we work with all over the country are nearly one hundred percent virtual!

Not all real estate wholesaling businesses are designed to operate virtually. How virtual wholesaling works boils down to the systems, processes, and methods that are being implemented in one's real estate business.

If you want to understand how virtual wholesaling works, think about a regular real estate transaction. When you purchase a property, when is any of the party's physical presence required? Usually at the following points:

- Meeting Real Estate Agents

- Negotiating With Motivated Sellers

- Initial Property Walkthroughs

- Physical Property Inspections

- Signing Documents

- Estimating Repairs

- Final Walkthroughs

- Getting The Keys

Contrary to popular belief, all of the above can be completed without the buyer's physical presence. That being said, most traditional buyers and sellers would not be willing to complete a real estate transaction without first seeing the property in person. It's largely a mindset shift, as the virtual wholesaling process is reserved for investors who take the emotion out of buying properties.

If you want to learn more about Virtual Wholesaling Real Estate, please visit: https://www.realestateskills.com/blog/virtual-wholesaling

TIMESTAMPS:

0:00 - Introduction to Virtual Wholesaling

0:20 - Why Virtual Wholesaling Works Anywhere

3:06 - Benefits of a Virtual Wholesaling Model

4:01 - What Is Wholesaling Real Estate?

5:40 - Assignment of Contract Explained

6:11 - Double Closing and Other Wholesale Strategies

7:01 - Why Wholesaling Is Great for Beginners

8:10 - Real-World Examples of Virtual Wholesale Deals

9:12 - Finding Wholesale Deals on Redfin and MLS

10:00 - Final Thoughts on Making Offers and Exit Strategies

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📝 Disclaimer:

This video is not personalized financial or legal advice for the viewer.