Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

37
Posts
9
Votes
Shawn Breyer
  • Rental Property Investor
  • Atlanta, GA
9
Votes |
37
Posts

Using a License

Shawn Breyer
  • Rental Property Investor
  • Atlanta, GA
Posted

I haven't really been able to find his information, even though I've asked agents and looked online. 

If I get a license to wholesale without legal repercussions, but I'm using it only to market wholesale deals, and not for working for a commission on other deals (I.e., retail deals on the MLS), do I have to work under a broker?

Thanks you!

Most Popular Reply

User Stats

135
Posts
78
Votes
Gerald Demers
  • Note Investor
  • Orlando, FL
78
Votes |
135
Posts
Gerald Demers
  • Note Investor
  • Orlando, FL
Replied

@Shawn Breyer, you need to check with your own state laws on this. I believe you do, especially for access to the MLS AND be able to see viewing information. I also believe that if you want to own a supra key, you need to be working under a broker.

That being said, look in your market for an investor friendly broker.  Typically, they give you all or almost all of your commissions.  They basically create a resting place for investors to run free.  

Talk to an experienced broker in Michigan; actually, talk to more than one and confirm their answers are the same.  

Gerald Demers

Loading replies...