How to Find Real Estate Wholesalers in South Florida (2026 Guide)

If you want to flip houses or build a rental portfolio in South Florida, you need to find real estate wholesalers. A wholesaler is an investor who puts a property under contract, usually distressed or off-market, then sells that contract to another buyer for an assignment fee. The best deals in this market come through wholesale channels far more often than they show up on Zillow.

What a real estate wholesaler actually does

A wholesaler finds motivated sellers (divorces, estates, pre-foreclosures, tired landlords) and gets a property under contract below market. They then assign that contract to an end buyer, a flipper or landlord or developer, for a fee that usually runs $5,000 to $25,000 in South Florida. The buyer gets a discounted property. The wholesaler gets paid without ever owning the home.

Good wholesalers know their numbers. They pre-screen properties so the deals they pass along clear basic investment criteria. Weak ones inflate the ARV and lowball the repairs to make a deal look better than it is. That is exactly why you need to run the math yourself before you buy from anyone. Our 70 rule calculator guide walks through how.

Where to find real estate wholesalers in South Florida

These are the channels that consistently produce introductions:

• REIA meetups. The Palm Beach Real Estate Investors Association, Broward Real Estate Investors Club, and South Florida REIA all hold regular meetings. Wholesalers attend to build their buyers lists. Show up consistently and introduce yourself as an active cash buyer.
• BiggerPockets local forums. The South Florida forums on BiggerPockets stay active. Post that you want to connect with wholesalers who source in your target counties.
• Facebook groups. Groups like "South Florida Real Estate Investors" and county-specific investment groups often have wholesalers posting deals directly.
• Direct mail responses. Many wholesalers reach sellers through direct mail. Getting on their buyers list is often as simple as responding to a "We Buy Houses" sign or mailer you see in your target neighborhood.
• Your real estate agent. Investor-friendly agents in South Florida know which wholesalers bring real deals and which ones bring wishful pricing. Ask for introductions.

How to get on a wholesaler's buyers list

Wholesalers push their best deals to buyers who close quickly and reliably. To land on that short list:

• Have proof of funds ready, either a bank statement or a hard money pre-approval
• Be specific about your buy box: neighborhoods, property type, price range, and how much condition you will tolerate
• Close a deal with them and leave a good review, because reputation travels fast in this community
• Respond to their deals quickly even when you pass, and tell them why you passed

How to vet a wholesaler before you buy

Not every wholesaler plays it straight. Before you wire money on a deal:

• Confirm the assignment contract is actually assignable, and review it with a real estate attorney
• Get your own ARV from a local agent or appraiser. Do not use the wholesaler's comps
• Run your own renovation estimate with your contractor before you commit
• Make sure the seller's title is clean by ordering a title search prior to closing
• Ask for references from other buyers who have closed with this wholesaler

Our team at Pure Equity Realty works with vetted South Florida wholesalers and can help you evaluate a deal before you buy. Get in touch and tell us what you are looking for, or set up your buyer criteria to get off-market opportunities sent directly to you. For the legal side of assignment contracts in Florida, see the Florida Realtors legal resources.

Frequently asked questions

Is wholesaling legal in Florida?

Yes. Wholesaling is legal in Florida as long as the wholesaler is marketing the contract, not the property itself. Florida law does not require a real estate license to assign a contract you are a party to. That said, having an attorney review the assignment agreement before you close is a reasonable step.

How much do wholesalers charge in South Florida?

Assignment fees in South Florida typically run $5,000 to $25,000 per deal, though fees on larger or higher-value properties can go higher. The fee is built into the deal, so what matters is whether the all-in cost (purchase price plus assignment fee plus rehab) leaves enough margin for your strategy.

Can I work with a wholesaler and a real estate agent at the same time?

Yes, and many investors do. Agents surface on-market and expired listings; wholesalers bring off-market contracts. Having one investor-friendly agent who also knows the local wholesale network is often the most efficient setup.

What is an assignment fee?

An assignment fee is what the wholesaler charges to transfer their position in the purchase contract to you. You take over the contract, close with the seller at the agreed price, and pay the wholesaler their fee, usually at closing through the title company.

How do I know if a wholesale deal is priced right?

Pull your own comps from a local agent, run the numbers through the 70% rule, and walk the property with your contractor before committing. If the wholesaler's ARV does not hold up or the repair estimate is too thin, pass. There will be another deal.