Most traditional brokerage companies have a minimum standard, commission-wise, because of the multiple dispersion of equity prices. On the other hand, there are many properties that have been abandoned and left vacant.
According to statistics, unpaid property taxes rack up to $14 billion a year because of these properties. This is where wholesalers come to the rescue—they relieve sellers of distressed properties and turn them into livable places. Plus, it helps the community to cover a fraction of those property taxes.
In this episode, Brent Daniel enthusiastically explains why wholesaling is ethical and how it helps the economic forces in a community.