Wholesaling without intent to close the property is unlicensed activity in our state and subject to regulation by the Division of Real Estate...it's referred to as "for a fee, for another"...that said, there seems to be zero regulation as apparent by rampant wholesaling in direct violation of the law.

@James Wise In the interest of having a civil discussion, what in your opinion is the difference between wholesaling as an unlicensed person versus wholesaling as a real estate agent?

In Arizona if I understand correctly, unlicensed individuals can even show properties and talk about the property. 

However, be on the lookout for unlicensed wholesalers.

Does that mean he's unlicensed?

Unlicensed Brokers violating the laws may not be your best source of information

Moreover, referral fees are illegal if given to an "unlicensed" individual.

In California, an unlicensed employee of an owner of property may legally perform limited real estate services such as showing units to prospective tenants, giving prospective tenants applications and accepting lease agreements.

I was wondering if brokerages typically allow young/unlicensed potential realtors to come in, shadow, and learn before being officially licensed?

I was wondering if brokerages typically allow young/unlicensed potential realtors to come in, shadow, and learn before being officially licensed?