Q: Do I need a real estate license to WHOLESALE real estate in california
A: Yes, in California, a real estate license is required to engage in wholesaling real estate. The California Business and Professions Code section 10131 defines a real estate broker as someone who, for compensation or in expectation of compensation, does or negotiates to do one or more of the following acts: sells, buys or leases real property, solicits prospective sellers or purchasers, performs certain real estate services, or manages or leases real property. As wholesaling real estate typically involves negotiating the sale of real property for compensation, it falls within the definition of a real estate broker and requires a real estate license.
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