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Updated over 7 years ago on . Most recent reply

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Nick Gory
  • Cleveland, OH
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Is wholesaling legal?

Nick Gory
  • Cleveland, OH
Posted

As a wholesaler, I always get realtors telling me stop selling real estate without a license and to get my realtor's license.  I usually respond "I'm not marketing the property, I'm marketing the assignable purchase agreement". 

What's your BEST response when realtors tell you this?

Most Popular Reply

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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
Replied
Originally posted by @Nick Gory:

As a wholesaler, I always get realtors telling me stop selling real estate without a license and to get my realtor's license.  I usually respond "I'm not marketing the property, I'm marketing the assignable purchase agreement". 

What's your BEST response when realtors tell you this?

 It is complicated. Some states dislike it more than others. I have heard from a lot of people that they do not trust wholesalers. 

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