HOW WHOLESALING WORKS

How wholesaling works — explained plainly

Yes, wholesaling is part of what we do at LOBL, and we’ll always tell you that up front. We help homeowners in hard situations — foreclosure, an upcoming auction, tax problems, code violations, or a home that’s hard to sell — and we run LOBL as a veteran, husband-and-wife team. Just give us a chance to help.

The process, step by step

1. Reach out — email, text, or consultation request (the buttons at the bottom of this page); your first consultation is free, with no pressure and no obligation.

2. We talk about your home and your situation — including hardship situations like foreclosure, an upcoming auction, tax problems, or code violations.

3. We look at the home as-is — no repairs, no cleaning, no showings to arrange.

4. We present a cash offer and explain the numbers — how we got there, in plain language.

5. You decide — take the time you need; the price we agree on is put in writing.

6. We sign a written agreement at your agreed price — the agreement is clear up front that LOBL does wholesaling and may assign the agreement to an investor partner.

7. We bring in the buyer — LOBL may buy it itself, joint-venture, or assign to an investor partner who buys as-is (rentals, affordable housing, Airbnb, or to fix and resell); the investor’s information is disclosed, and proof of funds follows after a signed agreement.

8. The assignment fee, explained — the investor pays LOBL’s assignment fee; it is NOT taken out of the seller’s agreed price, and the seller receives the full agreed price at closing.

9. We close through a closing company — typically 30 days or less once the agreement is signed — and the seller gets paid at closing.

For real estate agents

We value our agent partners. On a sale, a seller’s agent can receive an additional buyer’s-agent commission of up to 3%, depending on the sale — paid out of LOBL’s assignment fee, agreed in writing up front. It does not reduce the seller’s agreed price.

Get in touch

Questions about selling your home? Reach out — your first consultation is free, with no pressure and no obligation.