real estate agent selling wholesale

[Carnell Webb]

As a Real Estate agent I want to wholesale homes as a wholesaler. Do I have to share my assignment fee with my broker?

[Russell Brazil]

You will have to talk to your broker and see what is in your independent contractor agreement regarding properties you buy or sell for yourself.

One thing you need to consider though when wholesaling as an agent, is if you get the property under contract for X, and sell it off for Y, and collect the net difference between those two numbers, that that may in fact be the equivalent of a net listing which is illegal in most states.