Question for Florida Wholesalers (and their lawyers)

[Tyler S.]

I had a "For Sale" sign in the front yard of a house that I have a contract to purchase on with the seller.  I got a call from the Florida Department of Real Estate informing me that since I do not hold a real estate license and because I am not the owner of the house I cannot market the property for sale.

I explained that I have an equitable interest in the property in the form of a contract for sale and purchase however they maintained I must remove the sign or face felony charges.  Has this ever happened to anyone else?