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Updated over 1 year ago on . Most recent reply

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Henrry Novas
  • Investor
  • Georgia, USA
14
Votes |
51
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Real Estate License as a Wholesaler

Henrry Novas
  • Investor
  • Georgia, USA
Posted

What's up guys, I'm curious to know if obtaining a real estate license would be advantageous for those wholesaling? It may be an obvious answer, but I wanted to hear about some specific examples where having a license helped more. Thanks!

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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
1,722
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1,638
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Michael Dumler
  • Real Estate Agent
  • Atlanta, GA
Replied

@Henrry Novas, I concur with Corby. There are so many more avenues and opportunities you can consider/explore as a licensed real estate agent if you're willing to put in the work. Moreover, you'll have access to GAR forms, which are preferred documents for real estate transactions in the state of Georgia. That being said, as a licensed real estate agent, there are MLS and brokerage dues you'll have to account for. I suppose the one advantage of being a non-licensed wholesaler is that you don't pay MLS fees. If you're not aware yet, DO NOT try to wholesale MLS properties. It's the biggest waste of everyone's time.

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