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Updated over 2 years ago on . Most recent reply

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Andrea V.
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Scared to get sued with wholesaling as a realtor

Andrea V.
Posted

I am a realtor in Chicago and have been doing research on wholesaling. My current brokerage isnt wholesale friendly but in IL you can still wholesale 1 property in 12 month as an individual. 

I plan to do this since I do not want to leave my current brokerage just yet, but I am afraid of getting sued by the seller or messing up something on the legal side. 

Can any one provide clairty?

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Jonathan Klemm
  • Contractor
  • Chicago, IL
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Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

Hey @Andrea V. - We could definitely help we are a Chicago investor-focused brokerage that does wholesaling as well.   I'd say find someone who is experienced and can provide the right training and contracts.  Getting started can be tough but working with someone who knows the ropes makes it quite a bit easier.

Happy to connect and talk more about your plan and how we can help!

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