Location: Texas
Submitted 08/06/12 05:56 AM

Q. building up buyers list through bandit signs, is it okay to wholesale properties to other wholesalers and then to another and to another til it maxes out?, one of the marketing that i'm learning to become a wholesaler is to advertise through bandit signs,,,, so if others that i see that is using bandit signs, should mean that they're wholesalers also right?! sorry if its a stupid question but i'm a newbie, I learn as i ask, touch, see, and from responses

 

Answer #1
Submitted 08/06/12 07:22 PM
Tom Branch | Broker, CDPE, SFR, ACRE | Plano TX Ambassador | 214-227-6626 (RE/MAX Dallas Suburbs): Agent in Plano, TX Tom Branch | Broker, CDPE, SFR, ACRE | Plano TX Ambassador | 214-227-6626 (RE/MAX Dallas Suburbs)
Agent
Plano, TX

Contact Me

A.

If you are licensee using Bandit Signs are a violation of the Code of Ethics and Texas Real Estate Law.

SOP 12-5: REALTORS® shall not advertise nor permit any person employed by or affiliated with them to advertise real estate services or listed property in any medium (e.g., electronically, print, radio, television, etc.) without disclosing the name of that REALTOR®’s firm in a reasonable and readily apparent manner.

TREC Rules 535.154: An advertisement placed where it is likely to attract the attention of passing motorists or pedestrians must contain language that clearly and conspicuously identifies the person publishing the advertisement as a real estate broker or agent.

If you're not a licensee you're not subject to these rules.

Tom

Non-member response
Submitted 08/07/12 04:48 AM umm no i'm not a licensee, I am a newbie to the whole real estate investment. But thank you for your concern, I think I learned something.

Sponsor

Disclaimer: ActiveRain does not evaluate or guarantee the accuracy of any Ask a Real Estate Professional responses. All questions and responses are provided by ActiveRain Real Estate Network community members. You agree that any use you make of such responses is at your own risk and that ActiveRain is not responsible for any losses resulting from your reliance on any Ask a Real Estate Professional responses. Ask a Real Estate Professional responses should never be used as a substitute for advice from a qualified professional. By submitting a question to Ask a Real Estate Professional, you acknowledge that ActiveRain is not responsible for any response you receive or do not receive, and you agree to hold ActiveRain harmless from any loss, harm, injury or damage resulting from or arising out of your submission of the question or your use of or reliance on any response thereto.