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Updated almost 9 years ago on . Most recent reply

Marc Whiting's profile image
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Marc Whiting
  • Real Estate Investor
  • from Richmond, Virginia
  • Member since Jan 4, 2015
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Marc Whiting's profile image
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Marc Whiting
  • Real Estate Investor
  • from Richmond, Virginia
  • Member since Jan 4, 2015
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Marc Whiting
  • Real Estate Investor
  • Richmond, VA
0
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Wholesaling

Listing wholesale deal on MLS

Marc Whiting
  • Real Estate Investor
  • Richmond, VA
Posted

Is it legal to list a wholesale deal on the MLS in Richmond Va?

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John Horner's profile image
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John Horner
  • Flipper/Rehabber
  • from Columbus, OH
  • Member since Apr 4, 2013
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John Horner
  • Flipper/Rehabber
  • from Columbus, OH
  • Member since Apr 4, 2013
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John Horner
  • Flipper/Rehabber
  • Columbus, OH
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John Horner
  • Flipper/Rehabber
  • Columbus, OH
Replied
Originally posted by @Marc Whiting:

Is it legal to list a wholesale deal on the MLS in Richmond Va?

 It's a grey area, at least in Ohio.  The Board is saying no, but there is no verbiage anywhere stating that you can't.  Every listing agreement and purchase contract from the Board or Realtors use the term "seller", not "owner".  

I would research Michael Quarles, apparently he does this in Cali.  He claims his RE attorney's went against the Cali Board and won the argument. 

  • John Horner
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