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Updated over 8 years ago on . Most recent reply
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Wholesaling as a licensed agent
Hello everyone,
As of the first of the year I became a licensed agent in Wisconsin. I'm just getting that business up and running (5 transactions closed so far) but I also wanted to start wholesaling. I'm looking for advice from other agents that wholesale:
- Does my direct mail marketing have to disclose that I'm an agent? I understand that on the phone and in person I need to disclose this...I'm asking specifically about mailings.
- If so, do I actually have to put my name/agency on the direct mail...or just that I'm an agent?
- Non-licensed folks aren't required to use the state approved Offer to Purchase. They typically use a shorter document (in WI it's currently 9 pages long). Do you see using the state approved offer form as a problem? Should I have the paperwork completed by my wife instead so we don't have to use the state forms?
- Any other conflicts or watch-outs I should be aware of?
Thanks for any input!