New Jersey wholesaling legal ? net listing..

[Jefferson Gan]

Wanted to ask in New Jersey if wholesaling is legal? I saw some article saying net listing is illegal in New Jersey. And wholesaling is almost same definition as net listing. Can you please enlighten if I can do wholesaling in New Jersey legally?

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Net listing: This type of agreement may be illegal in your state. The agent gets to keep everything he can get that's more than the sale price the owner wants."

[Doug Beck]

@Jefferson Gan Yes, wholesaling is legal in NJ.  You are simply selling the interests to a contract that you have with a seller for a fee.  There are many different ways of structuring deals to close successfully.  If you'd like to discuss in more detail, I'd be happy to help.  Just shoot me an email.