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Updated over 10 years ago on . Most recent reply

User Stats

24
Posts
4
Votes
Daniel Singh
  • Homeowner
  • Brooklyn, NY
4
Votes |
24
Posts

Any Advice on Wholesaling While I work for a realtor?

Daniel Singh
  • Homeowner
  • Brooklyn, NY
Posted

Hello,

So I Recently took the New York State exam to become a real estate salesperson. In the interim I have been diligently researching wholesaling properties. I understand the concept and realize that there is plenty of money to be made. Wholesaling obviously would be my personal business running under my LLC.

Recently I found a realtor to sponsor me. I see this is as a great oppotunity, because it allows me to get access to MLS listings, FSBO properties and would also give me the experience and hands-on with the industry.

My main goal is to start with a realtor, obtain as much knowledge as possible while applying it to my personal business. Consistent Wholesaling would then be my next step. And finally, years down the line i would like to place myself into an investor role. I know this may seem like the typical American Real Estate dream, but my question/concern is: would working with a realtor initially benefit my long term goal? I see it only as opportunity, however I would like to hear the opinions of others on this strategy.

Thank you

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