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William Bronchick | Is Wholesaling Properties Legal Without a License?

William Bronchick: You buy a property, you wholesale it, you profit. Do you need a license to wholesale Property? In most cases, the answer is “no”.

Real estate brokerage is an activity regulated by states on their own terms, thus each state defines which activities require a license. There is a lot of vagueness and ambiguity in some of the state licensing codes, as well as “gray areas”, which complicate the matter.


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