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Updated about 6 years ago,
Is it LEGAL in PA to be an Agent & Wholesaler?
I am an agent in PA. My wife is not. We are about to get involved in wholesaling/wholetailing, and I wanted to make sure I'm doing it within the legal parameters in our home state. We will likely get an LLC for our wholesaling business, and I'm not certain if there is benefit in my non-realtor wife to have only her name on the LLC. I'm not sure if this will even matter in the scope of things here. Does anyone know if you want to do virtual wholesaling in other states if you'd need an LLC in each state you're wholesaling in?
I have read that PA is a state that allos Net Listings.
I am concerned about other rules concerning a realtors fiduciary responsibility to a seller.
Thank you for insights and feedback