All Forum Posts by: Account Closed

Does anyone know if there are any additional disclosures or rules to follow in you're assigning a Purchase and Sale Agreement (as a broker) other than disclosing that you're a broker?  To keep it simple, let's assume there seller is not a distressed seller.  

I've had quite a few brokers tell me that I couldn't assign a PSA now that I'm licensed and that everything has to go through my brokerage.  I don't think this is correct because I know brokers that are also wholesalers, by my response of "well I know people who do it" isn't a strong argument.  

Does anyone know what RCW's or regulations I could use to double check my assumption and also help educate those that think this is wrong?  

Thanks!

I'm a new investor working in the Seattle, WA area.  I too am beginning with wholesaling because it is the most cost effective way to begin investing that will also give me more depth in knowledge of the market.  I am HIGHLY motivated and willing to learn from my mistakes, although I would prefer to minimize them as much as possible.  

If there are any investors or fellow wholesalers in the area I would love to network with you and help each other reach our goals.  I pride myself on my work ethic and attention to detail.  I would be more than happy to learn anything that you would like to teach me, or assist you in any way to add value to my business.  

I look forward to hearing from you and good luck!