No. The process of creating a contract with a seller and then assigning that contract to a buyer does not require you to have a real estate agent license. However, it’s important to note that having a real estate license does have a distinct advantage to a wholesale real estate investor. If you hold a real estate license, you’ll have access to the multiple listing service (MLS) before the general public. This early access means that you’ll see the homes that fit the criteria for both wholesale real estate investing and the properties your buyers may be interested in purchasing.
If you’re looking to expand your investment portfolio, wholesale real estate may seem like a relatively quick and easy way to turn a profit with very little money or time invested. However, there are a few things you need to know before you can get started. Let’s dive into wholesale real estate and how to get started in this type of investment.
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