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Updated about 8 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Richard Adam Howard
  • Real Estate Agent
  • Austin, TX
1
Votes |
6
Posts

How to wholesale as an Agent?

Richard Adam Howard
  • Real Estate Agent
  • Austin, TX
Posted

I have a question for agents that wholesale properties. I got into real estate as a wholesaler a few years back and just recently got my license in Texas this past summer. My question is how does wholesaling work when your licensed? And does my assignment fee count as a commission and go through my brokerage or do I just get paid from title as usual?

Most Popular Reply

User Stats

13
Posts
5
Votes
Krystal Wakefield
  • McKinney, TX
5
Votes |
13
Posts
Krystal Wakefield
  • McKinney, TX
Replied

@Joe Homs So I carry the license now and my husband owns the separate entity. It just works better that way so there is no legal stuff. I was with KW but they are not very investor friendly....I still work in wholesaling but my broker is super investment friendly. So I don't really have anything protecting because everything we are doing is legal. I was just having a hard time finding a broker that is OK and familiar with what I do. 

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