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Updated 5 months ago,
Senate Bill 1173 - requiring wholesalers to have a real estate salesperson license
Hi!
I'm new to wholesaling and am familiarizing myself with the laws. I'm hoping someone can clarify these two questions for me regarding PA Senate Bill 1173 - which requires wholesalers to have a real estate salesperson license beginning in 2025 - https://www.legis.state.pa.us/cfdocs/legis/li/uconsCheck.cfm... A couple of questions:
1. Can I currently legally conduct wholesale transactions in the state of PA without a real estate salesperson license?
2. Can I do an LLC assignment closing to on my wholesale deals to avoid having to get a license?
3. What other alternatives to I have as a work around to this law as it relates to wholesaling without obtaining a license?
Thank you!