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Updated over 11 years ago on . Most recent reply

User Stats

27
Posts
1
Votes
Frantzces Lys
  • Kensington, MD
1
Votes |
27
Posts

Wholesaling in Montgomery County MD

Frantzces Lys
  • Kensington, MD
Posted

Hi Everyone! I hope everyone is well!

I have a deal and a buyer, I'm also a licensed Realtor. I would prefer to mainly wholesale the deal BUT I am not sure if Montgomery County allows that. Has anyone ever attempted this? They mainly use the GCAAR application which doesn't allow you to assign.

I'm assuming if I am able to assign it I would speak with the listing agent draw up the contract and then assign it to the interested investor. I feel like I am making this more complicated than it has to be.

I just want to make sure I am doing things ethically and legally. Should I discuss my intentions with my broker? I know if I find my own deals I don't have to discuss this with the broker but if someone calls me about my broker or contacts me while I'm representing my broker then I will have to go through the broker.

Should I contact a real estate attorney about this?

Thanks in advance,

signed

so confused!

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