Not a RE agent but want to help family sell home- options?

[Chandler Howell]

My grandparents are selling their home in a very hot market (Katy) and they said that I can be their agent, only problem is I’m not an agent and it will take too long to acquire the license because they want to sell ASAP. As a loophole to get involved with the deal, can I take a wholesale approach and sell the contract to a buyer? (Regular buyer who is buying market value)

What are my options here as I am very eager to get involved with the deal for the experience and getting paid on it is a bonus. I would like to get about 3% of the contract price as an “assignment fee” since if they were to use a realtor then it would be around 6%.

[Bob Okenwa]

@Chandler Howell

It depends on what ASAP is to them. I got my license in less than a month. If you cannot or they can't wait that long, use an agent. You working as the unlicensed "agent"/wholesaler and getting 3% probably isn't in the best interest of your grandparents. It's in your own best interest. 

You getting 3% despite having no real estate experience and the buyers agent getting 3% is going to be the same 6% they would pay by using a listing agent and getting maximum exposure while reducing legal liability (knowing how to fill out contracts and disclosures).