Wholesaling real estate is a strategy in which an investor, known as the wholesaler, enters into a contract to buy a property and then assigns or sells that contract to another buyer before the closing. The wholesaler essentially acts as a middleman, making a profit from the difference between the contracted purchase price and the price at which they sell the contract. Familiarize yourself with real estate terminology, market trends, and local regulations. Identify target areas with potential for profitable deals. Establish relationships with real estate agents, investors, attorneys, and other industry professionals.