Real estate dealer — is a professional player in the real estate market who buys, owns, transforms, and sells properties for profit. They aim to buy properties at a bargain price and sell them at a higher price, making a profit from the difference in value.

Unlike realtors, who typically represent both parties to a transaction and receive a commission for their services, dealers are solely concerned with making a profit on the resale. To do this, dealers:

  • They look for properties that are undervalued or that can be bought on favorable terms, such as at bankruptcy auctions.
  • They transform or improve real estate, and sometimes they simply overstate its market value.
  • They sell real estate at a higher price or rent it out to get a steady income stream.

Being a real estate dealer is not without risk. If a property fails to sell at the expected price or the market declines, the dealer may suffer losses. However, with the right approach and strategy, dealers can earn significant amounts of money by increasing the value of real estate.