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Updated almost 6 years ago,

User Stats

14
Posts
13
Votes
Mike Hendrickson
  • Real Estate Broker
  • Battle Ground, WA
13
Votes |
14
Posts

Squashing the "Wholesaling is illegal/legal" argument!!!

Mike Hendrickson
  • Real Estate Broker
  • Battle Ground, WA
Posted

I have read through a lot of forum post about the topic of wholesaling (the latest by and it seems like the argument of wholesaling being legal/illegal could be squashed once and for all by getting your RE license.

With your RE license, you are required to hold your clients interest above your own by law. So if your client's interest is selling their property quickly and you can satisfy that interest with a cash buyer, regardless of the price, I don't see how that could be looked at as unethical.

On the other side of the coin, if your clients interest is to get the most money from the of their property as they can (as a licensed RE agent with your clients interest before your own) most likely it would be listed on the MLS.

I am curious to here what others here have to say!! Especially you 

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