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Updated about 1 month ago on . Most recent reply

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Wholesaling in arkansas

Mashal Choudhry
Posted

Hello everyone, I recently became a realtor and I was wanting to get into wholesaling but my broker has said it could lead me into trouble here. Also they are trying to make it illegal in Arkansas. How else could I do this ? Without getting into trouble?

Most Popular Reply

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684
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Billy Daniel
  • Rental Property Investor
  • Russellville, AR
508
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684
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Billy Daniel
  • Rental Property Investor
  • Russellville, AR
Replied

If you're wanting to wholesale, drop your license.  There is no way you can do both in Arkansas.  I don't know a single broker who would allow an agent to wholesale while hanging their license at their firm.  Way too much liability.  You can't uphold your fiduciary duties while wholesaling a house.

  • Billy Daniel
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