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Updated over 11 years ago on . Most recent reply

Lorenzo Jackson's profile image
Lorenzo Jackson's profile image
Lorenzo Jackson
  • Residential Real Estate Agent
  • from Philadelphia, Pennsylvania
  • Member since Feb 21, 2011
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User Stats

47
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10
Votes
Lorenzo Jackson's profile image
Lorenzo Jackson's profile image
Lorenzo Jackson
  • Residential Real Estate Agent
  • from Philadelphia, Pennsylvania
  • Member since Feb 21, 2011
Connect
Lorenzo Jackson
  • Residential Real Estate Agent
  • Philadelphia, PA
10
Votes |
47
Posts
Wholesaling

Wholesaling vs Licensed Realtor

Lorenzo Jackson
  • Residential Real Estate Agent
  • Philadelphia, PA
Posted

I am a licensed Realtor in the state of PA, my business is in Philadelphia. One of my clients had a house listed for 25k which is way too high. (It's a shell.) She is open to dropping the price to 10k. I would like to wholesale the property for about 15k. The profit I would make from a 25k sell would be about $900 after broker fees. I could make $5k if I wholesale it.

1. Legally can I wholesale this property?

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