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.