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Updated over 4 years ago on . Most recent reply

Rebecca Glanz's profile image
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Rebecca Glanz
  • Realtor
  • from Utica, NY
  • Member since Jul 29, 2020
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Rebecca Glanz's profile image
Rebecca Glanz's profile image
Rebecca Glanz
  • Realtor
  • from Utica, NY
  • Member since Jul 29, 2020
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Rebecca Glanz
  • Realtor
  • Utica, NY
0
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Wholesaling

Is wholesaling the same as net listing?

Rebecca Glanz
  • Realtor
  • Utica, NY
Posted

Newbie realtor here! Wholesaling sounds a heck of a lot like a “net listing”- which is illegal in my state of New York. Can anyone clarify? Thanks!

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Steve Morris's profile image
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Steve Morris
  • Real Estate Broker
  • from Portland, OR
  • Member since Sep 26, 2019
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Steve Morris
  • Real Estate Broker
  • from Portland, OR
  • Member since Sep 26, 2019
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Steve Morris
  • Real Estate Broker
  • Portland, OR
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Steve Morris
  • Real Estate Broker
  • Portland, OR
Replied

"Any fee paid is NOT a fee for real estate services provided"

I dare you to go to the MA REA and tell them that.

You are arranging the sale of real estate in the expectation of a fee for your activity.  Any activity is directly related to the sale of real estate.  No activity = no fee.

At least be honest.

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