Series 7 License Needed To Solicit Investors?

[Tony Nguyen]

Hello all,

I own a real estate company that buys @ foreclosure auctions at the courthouse. We have had success with friends and family requesting that we represent them @ the courthouse to bid/buy properties for them and in return, they pay us a small fee. We realized there is demand in this type of investing and we're @ the point now where we're confident enough to deal with investors to help them buy @ auctions as well.

We're licensed Real Estate Brokers. Do we or someone in our company need a Series 7 License to solicit investors to invest in Real Estate? I've had a couple of different opinions, but am truly stuck and don't know what to do. Any piece of advice would be appreciated - thank you!