Help me understand this business model

[Nikki Robinson]

THIS IS SPARTA!

Sorry, this is my 300th post and I couldn't let it go to waste. Coincidentally, while googling "This is Sparta," I came across this website:

http://www.wesellsparta.com

VERY CLEVER of them to bid for that keyphrase, by the way.

To my newbie wholesaler eyes, their set-up is interesting. $3495 isn't bad for an assignment fee when you have volume.

But would this require a broker's license? Can someone explain to me how this is set up?

I might want to swipe this idea once I'm licensed and financially stable where I could realistically set up the systems and make this business model work for me here in GA.

I read the website, but their explanations are targeted at sellers, not other wholesalers who want to understand exactly how they're doing this.

Any input is appreciated. :)

[Gilbert Dominguez]

This set up smells like to me to be run by a broker yes with various real estate agents working in the organization, a full fledged real estate agency. Don't ever think of trying anything like this unless and until at minimum you are a licensed real estate agent. Brokers usually can bank roll this kind of operation but not a single real estate agent so you may have a long way to go to build up to something like this and I would definitely have the back up and consultation of a real estate attorney on my team.