Wholesaler who have Real Estate License, do you pay your broker?

[Mike Nelson]

This may be a good Wayne Brooks quesiton, but for whoelsalers who have a license, are you required to pay your broker for all the deals you transact? I can understand buying something off the MLS where your Broker is going to get their fee, but If I buy it with an LLC and then wholesale that to a cash buyer? am I required to pay my broker, as I technically transacted on behalf of my LLC? Any thoughts?

[Wayne Brooks]

This would be determined by the independent contractor agreement you have with your broker, but in most cases, no.  This does raise the question though....everyone says get a license if you want to wholesale legally, but if you're "using your license as an agent" any fees would have to go thru your broker since an agent can't receive "licensed agent fees" directly from a client....so it seems having a license, but your fees not going thru your broker doesn't accomplish anything?