This could cause confusion for the salesperson.The real question is the capacity the licensee is representing the parties in the transaction.

I personally don't see how you'd have the standing to hold it but (standard disclaimer) I'm not a lawyer or a licensee in your state.  

As a licensee, you will most likely pay licensing fees, realtor dues, MLS dues, and continuing education. 

If you are doing a lot of "wholesale" deals, then being licensed can be a risk, since licensees are held to a higher standard when dealing with the public (to "buy") and advertising properties (to "sell").As far as the hassle and expense...let's face it: The bar for getting your real estate license is not set that high.

If I am dealing with a seller as a potential buyer myself, my first obligation is to disclose that I am a licensee, while making it clear that I am not representing him or offering to list his house for sale.

You can access public records of complaints against individuals as well as licensees.

The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention.

The Commission shall have full power to refuse a license for cause or to revoke or suspend a license where it has been obtained by false or fraudulent representation, or where the licensee in performing or attempting to perform any of the acts mentioned herein, is deemed to be guilty of:(a) Making any substantial misrepresentation in connection with a real estate transaction; (b) Making false promises of a character likely to influence, persuade or induce; (c) Pursuing a continued and flagrant course of misrepresentation or making false promises through agents or salespersons or any medium of advertising or otherwise;(d) Any misleading or untruthful advertising; (e) Acting for more than one (1) party in a transaction or receiving compensation from more than one (1) party in a transaction, or both, without the knowledge of all parties for whom he acts;(f) Failing, within a reasonable time, to account for or to remit any monies coming into his possession which belongs to others or commingling of monies belonging to others with his own funds.

Google says you can search for MI licensees here: https://aca-prod.accela.com/LA... for him and for future use.Google says you can also search for MI cases here: https://www.courts.michigan.go....  

DRE also encourages brokers to develop written policies with respect to listing properties in which the licensee and seller have never met in-person.Alleged cases of this or any other type of real estate fraud should be reported to local law enforcement authorities or local District Attorney’s office.