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17 December 2014 | 18 replies
The most likely way you can achieve this is by marketing to the all of the properties and then hoping that for at least one of the properties:A) the owners of the property are motivated to sell, B) the owners of the property have substantial equity in the property allowing for them to "sell" it to you for a deep discount, C) you can negotiate a price both low enough for you and your buyer to get a good deal while being high enough for your seller to feel comfortable selling,ANDD) you can get all of this under contract.In order for you to get paid for simply connecting your cash buyer to the owners of the properties you would need a real estate license.To my understanding the main difference between wholesaling a property and representing a client as a licensee is that in the wholesale transaction you enter into a contract with the seller to "buy" the property (which really means to assign to another buyer) and in a licensee transaction you enter into a contract to either "represent" a seller, buyer, or both in the selling of a property.
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14 July 2017 | 22 replies
This is unacceptable for any licensee to operate this way.
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10 October 2017 | 18 replies
Most states prohibit advertising properties you do not own unless you are a licensee.
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11 November 2014 | 18 replies
@Mike Cartmell in my neck of the woods you, as a licensee you could probably get in trouble for a transaction like this.
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13 January 2024 | 32 replies
As I stated, advertising properties you do not own is illegal in FL.Brokering: licensees advertising, representing others, etc via listing agreements.I don't call what these unlicensed brokers do "wholesaling" I call it what it is: unlicensed brokering.
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3 October 2015 | 13 replies
You won't get any clients by not marketing yourself.Oh, and if you want to get paid and learn the business before jumping into the business as a licensee, then either find a Brokerage that's hiring for admin work/front desk, or look around at the top agents and see who's hiring an assistant.
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15 October 2015 | 17 replies
Dual agency is legal in Maryland if a consent has been signed and only if it is a different licensee representing each party.
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24 May 2023 | 10 replies
Texas is NOT a "Transaction" state and therefore all licensees must represent either the buyer or the seller.
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3 January 2010 | 16 replies
In addition to the things Massad said, it's critically important to KNOW and UNDERSTAND the laws in your state (and locality if applicable).On a positive note, my wife, daughter, and sister have all joined the ranks of concealed carry licensees!
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7 June 2016 | 34 replies
@Ken Truong http://bre.ca.gov/Licensees/ go to the source and read there and then make up your own mind.. you will always have 180 degree opinions on this subject..