Updated over 7 years ago on . Most recent reply
IL, License risk working with wholesalers?
Are you putting your license at risk working with unlicensed wholesalers?
I am under the impression in IL 95% or more of wholesalers are unlicensed, and could be sanctioned by the OBRE. What is less clear is potential license liabilities of licensed parties engaging in transactions where unlicensed wholesalers are receiving compensation. As long as the seller is compensating them, and not me, I probably fine?