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Updated over 15 years ago on . Most recent reply

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Priscilla Z.
  • Rental Property Investor
  • Palm Bay, FL
290
Votes |
509
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Illegal to advertise property under contract?

Priscilla Z.
  • Rental Property Investor
  • Palm Bay, FL
Posted

I have my first bank owned property under contract, I'm going to do a double closing on it..

My marketing team put it on craigslist to advertise it and get some buyers....

However, I was just informed from my realtor that its illegal to advertise and to take it off immediately.....is this true?

Since I'm a newbie wholesaler...can I get some input from the more experienced ones? Thanks.

Most Popular Reply

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1,018
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Scott Hubbard
  • Rehabber
  • Tucson, AZ
802
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1,018
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Scott Hubbard
  • Rehabber
  • Tucson, AZ
Replied

I'd take it one step further and explain to the agent that they are not allowed to give legal advice and that you will lodge a complaint against them for practicing law without a license.

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