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Updated 7 months ago on . Most recent reply

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16
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Omar Mares
  • New to Real Estate
2
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16
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real estate license

Omar Mares
  • New to Real Estate
Posted

Hello i had a question about having a real estate license. so I have been searching for answers and I get many different ones, I have asked a few different people asking If I really do need a real estate license to start wholesale or if it is just a need if I want to be an agent. I am located in Oklahoma and I would very much appreciate it if anyone who is from here or has communications with someone from Oklahoma if they could help me out or give me more information about it. 

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,074
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Omar Mares:

Wholesaling doesn't require a license because one doesn't exist. In fact, most states probably consider wholesaling an illegal activity because wholesalers are not licensed to sign contracts on behalf of others, yet that's exactly what they do.

It's very difficult to catch someone in the act of wholesaling, particularly if all parties agree to it and there are no complaints. That's how they get away with it.


  • Nathan Gesner
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