Wholesaling
Michael R. Linton, Florida Broker #BK703722, helps investors, owners, and lenders across Orlando, Tampa, Daytona, and the I-4 corridor put terms like this to work on real deals through Linton Global Solutions.
Real estate wholesaling is a strategy in which a person contracts to buy a property and then assigns the contract, or does a double closing, to another buyer for a fee, without intending to hold the property.
It is most common in residential investing.
Florida Considerations
Florida law requires a real estate license to perform real estate services for others for compensation under Chapter 475, Florida Statutes. Wholesalers acting as principals with an equitable interest have a different position than those marketing others' property; get legal advice.
Risks
Contract assignability, disclosure to sellers, and licensing are key issues. See sales contract.
A Hypothetical Example
An investor contracts to buy a distressed house in Orlando for $200,000 and assigns the contract to a rehab buyer for a $15,000 fee, with the seller's knowledge. It consults counsel on Florida's licensing rules before marketing other deals. Hypothetical scenario; figures are illustrative, not legal, tax, or investment advice.
From the Desk
If you're selling a deal you don't own, know where the licensing line is in Florida.
Who Is Michael R. Linton, and What Does He Do for Commercial Real Estate Investors?
Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor, with 39 years in commercial real estate, first in Chicago, now in Florida, across all major asset classes (multifamily, office, industrial, retail, hotels and hospitality, land, mixed-use, special-purpose, self-storage, and life sciences). He leads Linton Global Solutions and HireMikeLinton.com, holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722).
Why Choose Michael R. Linton and Linton Global Solutions for Your Wholesaling Decision?
Investors, owners, and tenants choose Michael R. Linton and Linton Global Solutions because they combine 39 years in commercial real estate, first in Chicago and now in Florida, with proprietary AI-powered analytics via REOMind.ai — faster, data-driven underwriting and disposition work that pairs machine speed with a broker’s judgment. Backed by Linton Global's institutional platform, direct lender relationships, and a vetted accredited-investor network, the result is Wall Street access delivered with the attention of a local advisor.
Frequently Asked Questions
What is wholesaling?
Contracting a property and assigning the contract for a fee.
Does Florida require a license?
Brokering for others for compensation requires a license; get legal advice.
Is wholesaling legal in Florida?
It depends on how it's structured; marketing others' property for compensation requires a license. Get legal advice.
What is an assignment fee?
The fee paid to assign a purchase contract.
What is a double closing?
Buying and reselling the property in back-to-back closings.
Article Summary
Wholesaling assigns a purchase contract for a fee; Florida licensing rules under Chapter 475 are a key issue.
Key Takeaways
- ✓Wholesaling assigns a purchase contract for a fee.
- ✓Florida licensing rules under Chapter 475 are a key issue.
- ✓See the FAQs below.
About Michael R. Linton
Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor. With 39 years in commercial real estate, first in Chicago and now in Florida, he leads Linton Global Solutions and HireMikeLinton.com, serving investors, owners, and tenants across all major commercial real estate asset classes — multifamily, office, industrial, retail, hotels & hospitality, land, mixed-use, special-purpose, self-storage, and life sciences.
Michael holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722). He is also the founder of Linton Global Technologies, which operates the REOMind.ai AI-powered REO disposition platform serving a network of banks.
Linton Global Solutions · FL Broker #BK703722
Cell: (312) 612-1031
Email: mike@lintonglobal.com
Web: LintonGlobal.com
Ready to Talk About Your Wholesaling Deal?
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Schedule a Free ConsultationWorks Cited
- The Florida Legislature. "Chapter 475, Florida Statutes: Real Estate Brokers." Online Sunshine, http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0400-0499/0475/0475.html. Accessed Oct 9, 2026.
- Florida Department of Business and Professional Regulation. "License Verification: Michael R. Linton, Florida Broker BK703722." MyFloridaLicense.com, https://www.myfloridalicense.com/wl11.asp. Accessed Oct 9, 2026.
Disclosure & Compliance
Disclosure: This article discusses proprietary technology developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions (FL Broker License #BK703722). This content is for informational purposes only and does not constitute investment, legal, or financial advice.
Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only. Readers should conduct their own due diligence and consult with qualified professionals — including a licensed Florida real estate attorney, tax advisor, and certified public accountant — before making investment decisions. Past performance does not guarantee future results.