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Updated over 5 years ago on . Most recent reply

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Ramiro Rodriguez
  • Rental Property Investor
  • Austin, TX
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Wholesale vs Real estate agent

Ramiro Rodriguez
  • Rental Property Investor
  • Austin, TX
Posted

I’m debating getting my real estate license. I’m a wholesaler but i have multiple leads that have denied my cash offers and want retail for their homes. Would it be wise to pursue my real estate license and have the possibility to list these homes upon seller agreement?

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Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
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Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
ModeratorReplied
Originally posted by @David M.:

@Ramiro Rodriguez

Once you have the license and become a member of the National Association of Realtors you’ll have have to abide by its Code of Ethics...

 Are you saying wholesalers are unethical or that wholesaling can't be done within the realtors code of ethics? 

I know realtors who wholesale and have no trouble. 

- Properties that are a great deal, but severely distressed, they wholesale to flippers.

- Properties that are a great deal and require light rehab, they fix up and sell.

- Properties that are in good condition, but lack margin for wholesaling, they list.

It gives them multiple strategies for the opportunity. 

  • Joe Splitrock
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