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Updated about 7 years ago on . Most recent reply

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3
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Vincent Stefani
  • Fremont, CA
1
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3
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Wholesaling - License or no License?

Vincent Stefani
  • Fremont, CA
Posted

Hey All!

My business partner and I are starting out wholesaling in CA and wanted to get your thoughts. We are not licensed and I have heard differing points of views of whether or not we should be licensed or not. What does everyone here think? Are there non-licensed people that have success stories? 

Thanks in advance! 

Vincent Stefani 

Most Popular Reply

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130
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69
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Etienne Martel
  • Rental Property Investor
  • Los Angeles, CA
69
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130
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Etienne Martel
  • Rental Property Investor
  • Los Angeles, CA
Replied

Hey Vincent,

Having your license does give you more rapport, since the thought of a real estate agent's fiduciary responsibility follows a license. There is nothing stopping you from wholesaling without a license.

In my opinion: if you do not plan to join a brokerage and use your license, it may not be worth it. That is up to you!

Thanks

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