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Wholesale is a business in which goods are sold in large quantities to the retailers, industries and other businesses. When the goods are sold to the final consumer in small lots, then this type of business is termed as retail.
However, that is the exception and most wholesale properties need major fixes and may need months of repair time. The other big difference in wholesales vs. retail is the regulations and risks involved. Retail homes are full-priced and very rarely sell under market unless itâs a short sale or HUD sale.