Not a licensed realtor in Chicago Illinois

[Dominque Blackmon]

Hello All,

I'm new to wholesaling and looking to get my feet wet after months of education. I have a bit of a problem.

I have two leads (close contacts) that are interest in unloading about 5 properties in the Chicagoland area. With the policies enacted last year, I am unable to jump on these deals as I am not yet a licensed realtor.

Any tips on what I can do to still benefit from my findings? My leads and I have negotiated two offers so far and they are looking for an official but I'm unsure on my next steps.

Should I just do my 1 deal and say goodbye? Do I have any options?

Thanks in advance!

[Zach Gring]

@Dominque Blackmon

@Johnathan Arnold

You guys may be able to get a finders fee if they're legitimate deals. I'm by no means a seasoned investor by some standards but at least from my limited experience a lot of folks seem to get into REI then want to wholesale as they see it as easier money and a lower barrier to entry. Which may or may not be true it's not my niche, I've signed up to be on the emailing list for a number of wholesalers around Chicagoland and Milwaukee and don't see many actual deals that look good from my eyes. Not to say someone couldn't make them work, I just see a lot of people going that route with limited knowledge before attempting it. My recommendations would be if wholesaling is your true chosen path to get started, get your re license and in the meantime start building your buyers list and learning the markets inside and out.

Good luck gentlemen, hope you you find someone for those properties.