Suzette West's Blog – July 2013 Archive (1)

Heads Up Ohio Wholesalers | Marketing property not your own considered "unlicensed activity"

I was recently in communication with the investigative supervisor of the Ohio Department of Commerce, who informed me that his department was actively pursuing wholesalers who are marketing properties they do not yet own without a real estate license. He defined having ownership as having a recorded deed interest; and not an equitable interest such as options, contract for deed, etc.

He called it "unlicensed activity," even though there is a purchase and sale in…

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Added by Suzette West on July 31, 2013 at 2:49pm — No Comments

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