Airzona arrest of wholesaler?

[Kevin Maher]

Looking for comments on the Airzona attorney general that has brought a lawsuit against a wholesaler, closing agent and anyone involved.  

[Jay Hinrichs]

Quote from @Andrew Syrios:

This sounds particularly scummy, but I do think in general more and more states/cities are going to start regulating and even cracking down on wholesaling even those who are doing right (unlike these guys if the allegations are true). 

Andrew,   Oregon just passed a new law as of June 1 they created a license for wholesalers.. so they have to be registered get bonded. Mandatory disclosures like RE agents have to do etc etc levels the playing field and should lead to less fraudulent activity by the bad wholesalers that simply lie about the whole transaction :)