Updated over 3 years ago on . Most recent reply
New Illinois WholeSale Law
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??????
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Jay Hinrichs
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Jay Hinrichs
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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.
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