Holes In The Sales (Australia)

“Buy at wholesale not retail,” is the allure. It sounds so good. But in real estate there is no such thing as wholesale and retail prices. There is only the true market price.

The wholesale trick is most common with large developments, such as units and townhouses. The “wholesale company” tells investors that they have “done a special deal” with the developer and, through bulk-buying-power, they can get the property at a wholesale price.

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