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Updated almost 3 years ago on . Most recent reply

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8
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Shari Capers
16
Votes |
8
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MLS Offers Wholesaling

Shari Capers
Posted

Hi All,

I am a Licensed Real Estate Broker in Georgia and have several investors(Wholesale) who wish for me to submit properties that they are planning to assign to end buyers. I have never done this before and have reached out to several real estate attorneys to guide me through the process but none have responded back. One investor asked me to waive my commission and would pay me as a wholesaler when she close. I explained to her as a Licensed Realtor, we have to disclose any commission earned. Any advice on how to submit the offer and disclosure verbiage would be greatly appreciated. 

Most Popular Reply

User Stats

8
Posts
16
Votes
Shari Capers
16
Votes |
8
Posts
Shari Capers
Replied

Thank you Wayne,

I decided not to move forward with submitting offers for Wholesalers. Although GAR Contracts in Georgia are assignable, I am thinking it may not be wise to mix the two and continue to pursue Wholesaling separately. 

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