I came to Bigger Pockets to be able to learn about real estate investing and to learn to do it the ethical way. One way the Bigger Pockets guys suggest we learn is through using the forums to get the help we need from other investors and that includes wholesalers. It’s a shame when someone goes on a forum to get answers and instead the get called a crook.
The wholesalers are being called crooks because they do not have a license but, a license doesn’t make someone ethical and that’s what we need in whatever field we decide to work in as an investor. We all need to be honest and get our clients the most help they can get and, in the process, make money to grow our businesses. A license doesn’t mean you are going to be the best answer for a client and it doesn’t mean you will in some way be the one who helps out a client in their time of need.
Two years ago, I went through a divorce and we decided to sell our house and after our licensed realtor got finished splitting up their commissions, we received a whopping $120.00. If I knew then what I know now, I would have been grateful to meet a wholesaler that would have offered me more cash in my hand and see someone buy the house, fix and flip it.
Before you go and assume everyone with a license is ethical and everyone without is not, get the facts from each individual person and then determine who they are as an investor, real estate agent etc.
@Brittany Witt, I hope you received the help you needed from the ones who actually wanted to help you and don’t be discouraged from the ones who definitely jumped to the conclusion that you are some kind of Scammer!!