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Updated over 7 years ago on . Most recent reply

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Jason Reiffer
  • Investor
  • Grand Rapids, MI
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Wholesaling with Realtor License

Jason Reiffer
  • Investor
  • Grand Rapids, MI
Posted

Is anyone out there wholesaling as a licensed real estate agent? My attorney has STRONGLY advised me to get my license, especially since I plan to do multiple deals. I've done my first deal and am ready to charge, but this is giving me pause.

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Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Jason Reiffer Does your state prohibit agents from "Net Listings".  If it does the attorney may have given you bad advice. 

Do you intend to assign contracts or do you plan on double closing your wholesale deals. If you plan to assign your contracts, that might be viewed as a way to circumvent net listing laws if you are operating as an agent.

  • Ned Carey
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