Can I get my real estate license and do wholesale?

Can I get my real estate license and do wholesale?

Member since 2021 · 9 posts · 1 vote

I’m from Minnesota and I’m thinking getting my real estate license so I can have access to the mls. Would this be an advantage of me to wholesale? 

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Investor · Charleston, SC · Member since 2018 · 32 posts · 34 votes
5y

I think it would be worthwhile so you have at least foundational understanding of the alternative decision people are making by leaving massive amounts of equity on the table in exchange for the convenience, control and speed of an off market transaction. You can offer them a retail solution via listing, or an off market solution via assignment / double close wholesale, wholetail flip, etc and truly serve their best interest rather than pushing one solution that fits your wholesale model.

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  • Tim SwierczekPro Member
    Lender · White Bear Township, MN · Member since 2016 · 1k+ posts · 1k+ votes
    5y

    @Moly Yang I don't think it's worth that.

  • Investor · Charleston, SC · Member since 2018 · 32 posts · 34 votes
    5y

    I think it would be worthwhile so you have at least foundational understanding of the alternative decision people are making by leaving massive amounts of equity on the table in exchange for the convenience, control and speed of an off market transaction. You can offer them a retail solution via listing, or an off market solution via assignment / double close wholesale, wholetail flip, etc and truly serve their best interest rather than pushing one solution that fits your wholesale model.

  • Realtor · Bloomington MN (bloomington, mn) · Member since 2016 · 451 posts · 263 votes
    5y

    @Moly Yang you can but thats pointless. Almost no agent will let you wholesale an mls deal.

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