On the other hand, I also know the cons about getting licensed, which is having to disclose (could be a pro or con), all of the fees and continuing education courses, etc.

You could ask an agent to pull some comps for you if you're having trouble.

Do you offer a referral fee or are you interested in a joint venture for leads on home sellers who want to sell fast?

Have you factored in realtor's fees and closing costs?  

If you are a licensed real estate agent you should have taken their referral fee for referring them to Opendoor. 0.75%

I'm an agent myself, and it's not worth my time.I like the HUD's but if I can farm out the upfront work for a reasonable fee, why wouldn't I?

Oh and their late fee paid for this.

So, to figure out your maximum allowable offer (MAO) for the land you would back it out:ARV-Construction costs-soft costs-required profit-wholesaler fee=MAO$300,000-$150,000-$36,000-$36,000-$10,000=$68,000 is your MAOObviously there are a lot of variables here and they will be much different in your market than here in Boston but you get the idea.  

I'd been listening to the podcast for about 4 months or so, even started getting prequalified for a mortgage but never pulled the trigger.

The due date is the 1st, but on their website, it says that there's only a late fee if I pay on the 16th or after.