Michael Morales toledo

2 messi fa ·Tradurre

Hello
Does anyone does wholesale deals in Norfolk Va I wondering how you do it since in Va you would need a real estate brokers license

Mi piace

Commento

Hey Michael – lots of people are still wholesaling in VA, including around Norfolk. The key is how you structure it.

You’re right: if you’re marketing or negotiating a deal on behalf of someone else for a fee, that looks like brokerage and VA expects a license.

Most wholesalers either:

Go on title and then resell (double close), or

Put the property under contract in their own name and assign their contractual interest – not the property itself.

Big points: don’t advertise a property you don’t control, don’t present yourself as an agent, and be clear you’re selling an assignable contract interest.

I’m Marty, Founder/Owner REIGroupDealHub. I’m not an attorney or VA broker, so definitely run your plan past a local investor-friendly real estate attorney before you start doing deals.

Mi piace

· rispondere · 1765466398

Michael Morales toledo

Marilyn Carter

Marty Weisberg

Michael Morales toledo

Marilyn Carter

Marty Weisberg

Scegliere un metodo di pagamento