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Updated over 3 years ago,
As a Realtor does my broker get a cut when I pursue wholesaling?
I am a Realtor in the state of Florida and my partner and I will be starting an investment company. We are wanting to begin with with wholesaling then transition into fix & flips over time. However, I am not quite sure as a licensed realtor if I would have to give my broker a cut.I won't be acting as a realtor in the wholesale transactions only as an entity (LLC). The only time I would present the realtor hat is when we get into selling the homes we flip.
Just want to get clarification on whether my broker gets a cut when we begin wholesaling as a business since I am a realtor.