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Updated about 8 years ago on . Most recent reply

User Stats

58
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19
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Rainiel De La Nuez
  • Daytona Beach, FL
19
Votes |
58
Posts

Wholesaling with a Broker

Rainiel De La Nuez
  • Daytona Beach, FL
Posted

If I am direct mailing and finding deals which I put under an assignable contract between the broker and the seller will do I need an RE licence? Am I acting as a broker's agent? 

Can I place a deal under contract and assign the contact to a brokerage? 

Can the broker then turn around and market the property and assign the contract again?

I am trying to find how other wholesalers may be structuring their deals with a broker involved. 

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