Real estate wholesaling laws by state

A 2023 law requires written disclosure when a buyer markets or assigns an equitable interest in a single-family home.

No wholesaling-specific law; Alaska's general real estate license statute applies.

Wholesalers of homes must disclose their wholesale status in writing before signing; no license needed when acting as principal.

No wholesaling statute, but an equitable interest bought for someone else doesn't qualify for the owner exemption from licensing.

No wholesaling statute; AB 1850, which would have required a DRE license for wholesaling, died in committee in 2026.

No wholesaling-specific law; Colorado's broker licensing law applies if you act for others or market the property.

Since July 1, 2026, wholesalers must register with the Department of Consumer Protection; sellers get a 3-business-day cancellation right.

2026 law makes wholesaling licensed activity (from about Feb 2027) and gives sellers a 21-day cancellation right.

No wholesaling-specific law in D.C.; general real estate broker licensing rules apply.

No wholesaling statute; Chapter 475 licensing law applies, and marketing a property you don't own risks unlicensed brokerage.

No wholesaling-specific license law; unlicensed buyers' purchase mailers need statutory notices, and a 2026 disclosure proposal's fate is unclear.

No wholesaling-specific law; Hawaii's general broker license law (HRS ch. 467) applies to marketing property for others.

No wholesaling-specific law; Idaho's broker license law (Idaho Code Title 54, Ch. 20) applies to brokerage activity.

A broker license is required to wholesale more than once in any 12-month period (assignable contracts are brokerage).

Unlicensed solicitors must disclose they are not licensed when soliciting to buy or sell single-family homes (since July 2024).

Wholesaling 1-4 unit homes requires a broker license or broker representation, plus written disclosures to all parties.

No wholesaling-specific law; past bills to require a license for selling equitable interests (2022, 2024) did not pass.

Advertising an equitable interest in a purchase contract is brokerage and requires a Kentucky license (since June 2023).

Since Aug 1, 2026, wholesalers of 1-4 unit homes must give written disclosures, a cancellation notice and an escrowed deposit.

No wholesaling-specific law; Maine's real estate brokerage license law applies to marketing property for others.

Since Oct. 1, 2025, wholesalers must give written assignment disclosures to owners and assignees, or the contract can be rescinded.

No wholesaling-specific law; general broker licensing under M.G.L. c. 112 applies if you market property or act for others.

No wholesaling statute yet; HB 5366 (filed Dec. 2025) would regulate wholesaling and require disclosures. It is in committee.

No wholesaling-specific law; a principal doing 5+ deals in 12 months is presumed to need a broker license.

No wholesaling statute; a 2026 bill to treat wholesalers as brokers died. General licensing law (Miss. Code Title 73, Ch. 35) applies.

Since Aug. 28, 2026, wholesalers must give owners a signed disclosure at least 14 days before contracting (SB 973).

No wholesaling-specific law; Montana's broker licensing law (MCA Title 37, Ch. 51) governs acting for others.

Publicly marketing an equitable interest in a purchase contract is brokerage and needs a Nebraska license (vacant lots excepted since 2025).

No wholesaling-specific law; NRS Chapter 645 broker licensing applies if you market property or act for others.

No wholesaling-specific law; RSA 331-A broker licensing applies to marketing or negotiating property for others.

No wholesaling statute yet; a 2026 Assembly bill (A4278) would require a real estate license for wholesale transactions.

No wholesaling-specific law; New Mexico's general real estate license law governs what wholesalers may do.

No wholesaling statute; Article 12-A broker licensing and advertising rules limit how unlicensed wholesalers can market deals.

HB 797 would require a broker license for residential wholesaling; it passed the House in 2025 but has not been enacted.

Wholesaling requires a North Dakota real estate license plus written equitable-interest disclosures (2023 law, expanded 2025).

Since March 2, 2026, Ohio wholesalers must give homeowners a signed, separate disclosure before contracting (SB 155).

A license is needed to publicly market an equitable interest; since Nov 2025 wholesale contracts need disclosures and a 2-day cancel right.

Oregon residential wholesalers must register with the Real Estate Agency (since July 1, 2025) and give plain-language disclosures.

Since January 2025, wholesaling residential property in Pennsylvania requires a real estate license (Act 52 of 2024).

A 2026 law will require a broker or salesperson license for wholesaling starting January 1, 2027.

Marketing a home you only have under contract is 'wholesaling' and needs a broker license, but licensed firms may not wholesale.

No wholesaling-specific law; South Dakota's general real estate license law governs.

Since March 2025, Tennessee wholesalers must give written disclosures of their equitable interest to sellers and assignees.

Texas allows unlicensed contract assignments only with written disclosure of the equitable interest to sellers and buyers.

No wholesaling-specific statute; Utah's real estate license law (Title 61, Ch. 2f) applies.

No wholesaling-specific law; Vermont's general real estate license statute applies.

Dealing in assignable contracts two or more times in 12 months for compensation requires a Virginia broker license.

No wholesaling statute, but since Jan 1, 2026 solicited off-market sellers get appraisal and cancellation rights.

No wholesaling law in force; 2025 and 2026 bills to abolish wholesaling did not pass.

Wisconsin wholesalers must disclose their status in writing to sellers and assignees or face rescission.

No wholesaling-specific law; Wyoming's general real estate license act applies.