Retail real estate and investment real estate are two different businesses.
In retail real estate, you are representing clients who are buying or selling houses.
In investment real estate, you are buying and selling houses for yourself for some investment purpose.
In retail real estate, you need a license because the state regulates the industry to ensure you are a qualified fiduciary for your client.
In investment real estate, since you are working for yourself, your activity isn’t regulated in the same way.
Getting a real estate license is typically for the purposes of engaging in the retail real estate business.
Quick Flipping is buying and selling houses yourself for a profit which is the investment real estate business.
The reason I’m making these distinctions is two-fold:
1. Sellers who are selling you a distressed, off-market property at a discount are usually looking for an...