Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago, 06/04/2018

User Stats

20
Posts
11
Votes
Nick Hundertmark
  • Rental Property Investor
  • Mechanicsburg, PA
11
Votes |
20
Posts

Can you be a broker without becoming a broker?

Nick Hundertmark
  • Rental Property Investor
  • Mechanicsburg, PA
Posted
So the title may seem a little misleading and I'm sure your first answer will be "absolutely not". But hear me out. On the side, I've built a little wholesale business and have a handful of buyers that I work well with. It's a fun side hustle as I like to sift through off market deals and build rapport with sellers. I'll often come across a property that makes sense for the retail market, and I always refer that seller to an agent that I know and trust. If I were a broker or an agent then I could have a pretty solid stream of leads being fed from the wholesale business. I do not want to be an agent, though. This leads me to my question: can I "rent" a broker's license and employ an agent to sell under my rented broker license? There are a few brokers that I know well who primarily hold a license so they can manage properties (PA law requires you to be an agent under a broker to professionally manage real estate). If I worked a deal with one of these brokers so that I acted under their license (not as an agent) and employed an agent or two for listing properties, then they would of course benefit by getting a portion of revenues. It seems like a win-win. Do you think there is a way to make this happen?

Loading replies...