Real estate license for wholesalers?

[Louis Siano]

Are there any wholesalers that have their real estate license? I’m thinking about getting mine just as unlimited access to the mls and was wondering if the pros outweighed the cons in this scenario

[Blair Poelman]

I have a Broker's license and I've done several wholesale deals (however I don't consider myself a "wholesaler").

If the only reason you want a license is to have access to the MLS you will be going through a lot of work and effort, and spending a lot more money than you really need to. It would be a lot easier to just get a couple different agents that send you whatever you are looking for.

There are several pros to having a license, but when it comes to wholesaling, there are a substantial amount of liabilities that you take on when you have a license and you do a wholesale transaction.  So if you want to go full-speed wholesaling, having a license is likely to put a couple extra steps into your process.

If you're going to be successful in Real Estate investing, you will be successful with or without a license - wholesaling or otherwise.