Why don't wholesalers just get a real estate license?

[Jason F]

I've always wondering why wholesaler's don't become realtors?

Sure there is more work involved but you can make 3 to 6% on most of your deals, which might be better than the 'assingment fee'. Also, you are able to reach retail buyers on the MLS who might be VERY willing to buy the properties you find because they are cheaper than most others.

Do more rules apply? Are the brokerage/operating expenses to high?

It just seems that after a while of people knowing that you are a person who finds really good deals, people that aren't "motivated" to sell would start using you as well. You can still contact motivated buyers and align them with your investors.

Any thoughts?