Definition
A real estate strategy where investors contract a property at below-market price and immediately sell the contract to another buyer for a profit, without ever actually owning the property. It's like being a middleman who gets paid for connecting dots on a map.
Example Usage
He made $15,000 wholesaling a distressed property to a fix-and-flip investor without putting down a single dollar of his own money.
Origin
Adapted from retail terminology, referring to bulk purchasing and reselling
Fun Fact
Wholesaling requires almost no capital to start, which is why every third person at a real estate meetup claims to be a wholesaler—though far fewer actually close deals.
Source: Real estate investment community jargon
Related Terms
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See “wholesaling” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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