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Updated over 8 years ago on .

User Stats

4
Posts
2
Votes
Ariel Benavidez
  • Bradford West Gwillimbury, Ontario
2
Votes |
4
Posts

Wholesale + Real Estate License = Bad???

Ariel Benavidez
  • Bradford West Gwillimbury, Ontario
Posted

I just completed my second course in my real estate license and the instructor made an interesting point of how a registrant must disclose all known facts about the property. So for example, if someone is in distress and they're willing to let their house go for $30k under market value, I have to legally inform them that they are selling at under market value is that correct?

If so does this render wholesaling pointless as a registrant?