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Updated 3 months ago on . Most recent reply

Yori Dean's profile image
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Yori Dean
  • Member since May 10, 2022
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Yori Dean's profile image
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Yori Dean
  • Member since May 10, 2022
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Yori Dean
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Posts
Wholesaling

Is Wholesailing Still A Thing

Yori Dean
Posted

Hello forum! 
I have a few buyers in the area and wanted to know if wholesaling was still legal. I am not licensed. I just wanted to ask before I start making calls! 

Pittsburgh, Pennsylvania
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Ryan Konen's profile image
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Ryan Konen
  • Real Estate Agent
  • from Tooele, Salt Lake City UT
  • Member since Nov 6, 2020
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Ryan Konen's profile image
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Ryan Konen
  • Real Estate Agent
  • from Tooele, Salt Lake City UT
  • Member since Nov 6, 2020
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Ryan Konen
  • Real Estate Agent
  • Tooele, Salt Lake City UT
51
Votes |
136
Posts
Ryan Konen
  • Real Estate Agent
  • Tooele, Salt Lake City UT
Replied

In Pittsburgh, wholesaling is legal, but PA has strict rules about how it's conducted. You don’t need a license to wholesale if you’re assigning contracts, but you cannot market a property you don’t own outright without a real estate license. Be sure to fully disclose your role in the transaction, and consulting a local real estate attorney is highly recommended to avoid any compliance issues.

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