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All Forum Posts by: Chloe Hunter

Chloe Hunter has started 2 posts and replied 3 times.

Post: Are wholesalers unlicensed brokers?

Chloe HunterPosted
  • Lanham, MD
  • Posts 5
  • Votes 0

so can you do wholesale transactions with just an RE salesperson license? 

Post: MD Investor - the Legalese of Wholesaling

Chloe HunterPosted
  • Lanham, MD
  • Posts 5
  • Votes 0

After extensive review of the forums here on BP, I am really scared into thinking I will need a license to wholesale. I have the following questions:

-Is wholesaling legal without a RE license in MD?

-If licensing is required, will a regular RE agent salesperson license suffice or does one obtain a Brokers license (lengthy application period)?

-Have any investors here ran into any issues in MD regarding this grey area?

THANKS!! 

Post: The role of a realtor

Chloe HunterPosted
  • Lanham, MD
  • Posts 5
  • Votes 0

Let's say you find a distressed/motivated seller to buy from. Is the contract assignable if the property is listed via a broker or listing/real estate agent? Would you be able to flip and sell to a cash investor/motivated buyer?

Thanks,
Chloe'