Beware of “Wholesalers”

I just want to let people know that there are lot of shady characters out there who are trying to collect real estate commissions without having a valid real estate license. They are looking for “finders fees” for buyers that they will send to you. This is an illegal activity. In the state of Pennsylvania you can not be compensated in a real estate transaction without having a license. These people tend to use Craigslist. They market properties that are listed by Realtors and get buyers to contact them, they then turn around a try to get paid at the settlement. We recently encountered one such character who has been reported to the Real Estate Commission.

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