With the application of technology tools that are now available to wholesalers, it produced a new kind of wholesaling approach referred to as virtual wholesaling. Most online-based wholesalers are attaining certain levels of success in their market deals. A virtual real estate wholesaler integrates the influence of the Internet combined with the basic marketing methods in order to locate and convey tremendous deals to home buyers all over the country, even across the globe. Virtual wholesalers have grasped the importance of this new marketing trend as a deluge of transactions are dealt with every day due to virtual trading of real properties within websites, social networks, blogs, and personal advertisements.
