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Updated over 7 years ago on . Most recent reply

User Stats

136
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Corey Reyment
Pro Member
  • Wholesaler
  • Green Bay, WI
41
Votes |
136
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Can I sell someone else's house for them legally w/o a license?

Corey Reyment
Pro Member
  • Wholesaler
  • Green Bay, WI
Posted

We do some flips and wholesale's and so far have had a lot of success just posting on Facebook and in Facebook groups. We were recently approached by another investor friend who is not big on his following with Facebook and asked if we would try to sell his property for him. 

He would pay us a commission if we could bring him a buyer. We are posting it and taking people through it right now but we will not be involved in any of the purchase agreements or negotiations. We have another seller who contacted us looking to see if we could do the same thing. Before we start talking about this option for potential sellers, is this even legal if someone doesnt have their real estate license? 

  • Corey Reyment
  • Most Popular Reply

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    Ned Carey
    Pro Member
    • Investor
    • Baltimore, MD
    12,718
    Votes |
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    Ned Carey
    Pro Member
    • Investor
    • Baltimore, MD
    ModeratorReplied
    Originally posted by @Jennie O.:

    So is Wholesaling not legal?  

     Jennie, it depends on your definition of wholesaling, the specific facts of the situation, and the state you are in. 

    If the above puts you in the state of confusion you are probably not ready to wholesale LOL

  • Ned Carey
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