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Updated over 8 years ago on . Most recent reply

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33
Posts
10
Votes
Luis Saenz
  • Realtor
  • Austin, TX
10
Votes |
33
Posts

is wholesaling legal?

Luis Saenz
  • Realtor
  • Austin, TX
Posted

I have an internship with a realtor and he keeps telling me that wholesaling is illegal. His argument is that you don't take title of the property, so therefore you are acting as an intermediary by bringing the investor and seller together. At which point does the wholesaler get their interest in the property?

Most Popular Reply

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2,396
Posts
1,747
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Brandon L.
  • Real Estate Agent
  • Falls Church
1,747
Votes |
2,396
Posts
Brandon L.
  • Real Estate Agent
  • Falls Church
Replied

@Luis Saenz some say yes, so say no. I think it's best to read the laws in your area. Seek advice from a legal professional, and conduct yourself accordingly. Or just get a real estate license :) 

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