Wholesaling as a Real Estate Agent

[Austin Joseph]

Hey everyone, I’ve been a licensed agent in the state of Texas for the last year and a half and I recently started wholesaling in order to build more capital to reinvest but I’ve ran into a few problems. I was under the impression that I would only need to state that I’m licensed during negotiations but I recently had a realtor email me to say I should include my license number and broker on my mailers. I was also curious as to if my commission checks I make from wholesaling would be subject to my broker taking a cut? I’m hoping this is avoidable because my broker did not provide me any resources that helped procure any of my deals

[Greg H.]

You absolutely need to identify yourself in any mailings 

Consult your agreement with your Broker as to how commissions are handled as well as if wholesaling is allowed as well.  Keep in mind that it is immaterial if your Broker provided any resources as your broker is responsible for your actions