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Updated almost 10 years ago on . Most recent reply

User Stats

182
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66
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William Byers
  • Engineer
  • Jacksonville, FL
66
Votes |
182
Posts

New Investors who want to Wholesale and be Licensed Real Estate Agent

William Byers
  • Engineer
  • Jacksonville, FL
Posted

I wanted to offer a suggestion to anyone interested in getting started and is considering both wholesaling and is also pursuing their real estate license. 

Be sure you understand the implications of having a license and wholesaling. Make sure you comply with your state disclosure rules about being licensed.  One option to consider is to find an active Investor/Realtor and offer to be their assistant and let them mentor you while you pursue your license.

You CAN be both a realtor and wholesaler, but you can also get in trouble if you aren't careful and transparent.

Most Popular Reply

User Stats

846
Posts
431
Votes
Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
431
Votes |
846
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Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
Replied

@William Byers   I am almost finished with my real estate classes to be an agent.  I am also a investor and plan to continue wholesaling real estate.  I know the more we grow the less wholesale deals our company will do.  We are using wholesaling to create capital to invest in rental properties.  We also plan to do a couple flips this year to generate capital as well.  We do direct mail marketing and I know we will have to be transparent with my position when I get my license.  I believe it is a important tool to have when working with real estate investing and in my opinion it is worth the extra steps required.

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