#78383 Understanding Wholesale 1

Service Description

Understanding Wholesale Real Estate and Equitable Title in Georgia Duration: 3 Hours Course Description: This advanced 3-hour continuing education course is designed to equip Georgia real estate professionals with a comprehensive understanding of wholesale real estate transactions and the legal and ethical complexities of equitable title claims. Through analysis of real-world case studies, including Sha and Sky vs. Ember Capital Group LLC, participants will gain practical insights into wholesaling practices, contract enforcement, and risk mitigation strategies relevant to today’s real estate market. Participants will explore the structure and execution of wholesale deals, including assignment contracts and double closings, while learning to distinguish these strategies from traditional real estate transactions. The course will examine the legal concept of equitable title, the use of affidavits in property records, and how such claims can impact title transfers and sales. Special emphasis will be placed on Georgia Real Estate Commission (GREC) regulations and how certain wholesaling behaviors may cross into the realm of unlicensed brokerage activity. Attendees will learn to recognize red flags in investor contracts, assess the validity of earnest money and consideration, and develop best practices for protecting client interests in transactions involving wholesalers. By course completion, brokers and agents will be equipped to navigate wholesaling scenarios with clarity, safeguard their clients from legal exposure, and uphold the ethical standards required by Georgia law. Key Takeaways Include: Definition and legal framework of wholesale real estate in Georgia Application and risks of equitable title claims and affidavits Earnest money obligations and enforceability of contracts Red flags and protections in wholesaler agreements GREC guidelines on wholesaling vs. unlicensed brokerage activity Tools for removing improper title claims and safeguarding transactions Ethical considerations when dealing with investors and wholesalers This course is ideal for brokers, agents, and legal-minded professionals seeking to enhance their risk management capabilities and maintain full compliance with GREC and Georgia real estate laws.