Wholesaling in Maryland Will Soon Require A Salesperson/Brokers License

[Russell Brazil]

This has been in the works for a couple years now.  Yesterday House Bill 0301 was introduced which..."Altering the definition of "provide real estate brokerage services" to include engaging in the business of real estate wholesaling to require an individual providing such services to be licensed as a real estate broker, an associate real estate broker, or a real estate salesperson."

I expect similar legislation will be introduced very soon in DC as well.