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Updated almost 6 years ago on . Most recent reply
Licensed Real estate agent - Legality of wholesaling question
Hey everyone!
I’m a licensed realtor in Florida and I have a question about wholesaling and it’s legality as an agent.
I have a large agent in my office that is running aggressive online campaigns to generate distressed properties/leads. She plans to get the properties as a listing.
I was curious if I was I could send a purchase contract to her with the assign- ability clause under my name/company?
Could I then wholesale those properties? By charging a consultation/finders fee?
I don’t want to make a killing on one deal, I was thinking 5k per deal.
I have an extensive list of cash buyers, as I currently deal with many of them on a regular basis.
I’ve done investment deals before but always as an agent representing the buyer or seller.
Any advise you guys can give would be very appreciated!
Most Popular Reply

All fees must go through your broker.