Can I wholesale in Iowa without a realtor license?

[Hailey Padgett]

Hi there, 

I want to wholesale in the state of Iowa. My question is: is it possible to wholesale/assign a contract in the state of Iowa without a realtor license? 

Thank you,

Hailey

[Grace Griffin]

The key is to close on the deal yourself, and then resell. That is how you are completely protected. That being said, I know many who have assigned contracts. Lawyers wouldn't do it if it were illegal. It's a grey area.