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Updated about 7 years ago on . Most recent reply

User Stats

42
Posts
120
Votes
Jason Palmer
  • Wholesaler
  • Jacksonville, FL
120
Votes |
42
Posts

Attention Wholesalers: Beware!!!

Jason Palmer
  • Wholesaler
  • Jacksonville, FL
Posted

Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined that ALL of the complaints came from upset brokers who saw our posts in Bigger Pockets. Everything I do is legal and checked by my attorney, but some people have nothing better to do than make trouble for you. I am in no way trying to start a discussion about the legalities of wholesaling. The point is that even if you are doing everything legally, a complaint to the licensing board can cost you unnecessary legal fees and time. Proceed with caution in this and any other forum when discussing or posting your deals. Wishing you all much success! 

Most Popular Reply

User Stats

16,986
Posts
13,334
Votes
Ned Carey
  • Investor
  • Baltimore, MD
13,334
Votes |
16,986
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Jay Hinrichs  you know we agree more than we disagree but I just have to jump in. 

Not all wholesalers lie to their buyers

Many real estate agents lie about how much they can get sellers. Just to get the listing.

Many real estate agents leave desperate sellers hanging just as some wholesalers do. 

Most deals I have wholesaled were deals most agents wouldn't do or couldn't do. 

PS Is that the Heros Home logo?  keep me updated on  the 501 (c) (3) status

  • Ned Carey
  • Topic locked

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