What is wholesale real estate is a much-asked question among individuals who are willing to take up real estate as a career option. Wholesale real estate is a process of selling distressed properties to investors or buyers. They will do the necessary renovation and resell them. In the whole process, the middlemen or wholesalers play very important roles. They locate properties, find investors, and act as a mediator between the seller and buyer. A seller assigns the task of selling the property to a wholesaler and the wholesaler does the job by negotiating and following legal steps.