Wholesaling in PA: Need License... Should I steer away?
PA passed a law that To wholesale, you need a wholesale license (cost $500.) In Philadlephia, you need to be a licensed realtor to be a wholesaler...
Pro: With restrictions leads to lower competition overall.
Con: You are obligated to disclaim your role as a realtor and wholesaler. And you need to disclaim the estimated value of the property.
Conclusion/Question: is it worth getting into? Should I just do virtual wholesaling elsewhere? How much does this change the wholesaling industry?
Not looking for ONE answer. Just wanted to strike a conversation and learn from there.