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Updated almost 11 years ago on . Most recent reply

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Michael Webster
  • Involved In Real Estate
  • Mechanicsville, VA
6
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36
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Licensed agents

Michael Webster
  • Involved In Real Estate
  • Mechanicsville, VA
Posted

What are the biggest obstacles that a licensed agent face when tring to get into investing? Wholesaling to be exact. Thanks in advance.

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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

@Ned Carey 

   Ned the above statement is incorrect I believe this fellow meant to say HE IS NOT allowed to pay referral fee's to anyone who is NOT an agent.. It is not legal in CA OR or WA were I do business to pay anykind of referral fee to a non licensed agent IE broker.

What non licensed folks do between themselves of course is one thing. but a RE agent amy not pay a non licensed person any kind of referral fee period.

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JLH Capital Partners

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