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Updated almost 9 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

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