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Updated over 7 years ago,
My Principal broker doesn't like the idea of wholesaling
Hello BP!
I'm a new real estate agent based in Portland, OR. I've been with my brokerage firm for 3 months now. My goal is to learn the basic process of retail deals, I've completed just one deal and have a few others in the pipe. I can already tell being a buyers agent is not what I want to do. I'm willing to do it to learn the ropes, but my business strategy is to find wholesale deals (land and rehab) with list back. I did some wholesaling before I became a RE agent and that's what I really enjoy doing.
My principal broker says wholesaling is too risky and doesn't fit their business model. Is this true??
Does anyone have a recommendation of a brokerage firm in Portland, OR that would support my goals?
Cheers!!
Dustin