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Wholesaling

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Frank McGovern
  • Philadelphia, PA
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97
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What are the pros and cons of being an agent and a wholesaler?

Frank McGovern
  • Philadelphia, PA
Posted Jun 29 2010, 06:22

I just go into wholesaling earlier this year. Closed my first two deals within the past 5 weeks. I just got my RE license yesterday. I figured it would be good to have the license for many reasons including the MLS access whenever I need it, additional source of income and the contacts I will meet. My broker knows I am a wholesaler and is fine with it. The only drawback I hear is about disclosure. I dont think its an issue at all. I have no problem with disclosing.
I would like to hear from experienced investors (licensed or unlicensed) what their opinions are on the matter. Any feedback or input would be greatly appreciated. Thanks.

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