Approximately 88% of these operators are actually wholesalers who do not intend to buy the house themselves. Instead, they sign a contract with the homeowner and then sell (assign) that contract to a final investor for a fee. Common Pitfalls vs. Benefits “We Buy Houses”: You Lose Out | Nowak Metro Finance Lab
A 2023 study by the Nowak Metro Finance Lab at Drexel University analyzed "off-MLS" transactions where homeowners sold directly to investors. The research found that these homes sold for an average of 51% less than comparable homes listed on the open market. WE BUY HOUSES CA
The "paper trail" for these companies usually involves one of two distinct business structures: WE BUY HOUSES CA