Wholesale or investors required to have license to sell real estate

[Jay Whitfield]

Has any investor have any information that you will be required to have a license if you sale over a certain amount of real estate? Did you hear of any legislation going to your state for a change in the law? Someone mention it to me, just curious.

Jay

[Jay Hinrichs]

the only state I have heard of that you need a license to sell your own RE is Wisconsin.

the issue comes with those that flip or double escrow or make bird dog fee's or assign contracts.. Ohio has started to crack down on this activity and there was a thread here were a person in FLA got turned into the DRE and they are pursuing the case as an unlicensed activity