New Illinois WholeSale Law

[Devin Howard]

I heard Illinois created a new law that was just passed a few days ago for wholesalers stating “Unless you have your realtors license wholesalers can’t perform anymore real estate deals” is this true??????

[Jay Hinrichs]

Also one of the movers and shakers in Chicago land I know that was big into wholesaling has got his license and has created basically a wholesale brokerage were those that want to do this business can work under his license as licensed agents and adhere to the laws.. so took him all of 2 weeks to hit the road running and be up and running legally and allow those that want to continue selling this stuff to do so.