Updated about 9 years ago on .
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Legality concern
I have some people out of state that I am helping sell their house and they are giving me 3%. No wholesale or double closings. Basically they will just cut me a check when they close.
The whole point of this was to not use an agent. I had an agent call today that wanted to see it and then started going off on how im doing something illegal. What is possibly illegal about this?
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Do you have any contract with the seller or interest in the property? The agent is likely pointing out that you are representing sellers and marketing a property you do not own or have equitable interest in without a license.