In Summer of 2024, Pennsylvania enacted Senate Bill 1173 to regulate real estate wholesaling,

 requiring wholesalers to obtain a real estate license and adhere to stringent disclosure and consumer protection standards. 

This law aims to enhance transparency, protect consumers from unethical practices, and ensure that all parties in a real estate transaction are fully informed. 

Detailed Provisions of the PA Wholesale Law : **Licensing Requirement**: 

 - All real estate wholesalers must hold a valid real estate license. 

 - Licensing ensures wholesalers are knowledgeable and adhere to professional standards. 

**Disclosure Requirements**: - Wholesalers must fully disclose their role and profit intentions to both sellers and buyers.

 - Mandatory disclosure includes informing parties that the wholesaler intends to resell the contract at a profit. 

**Right to Cancel**: 

 - Sellers have a specified period (until closing or 30 days) to cancel sales agreements in wholesale transactions. 

 - This right provides sellers with an opportunity to reconsider their decisions without pressure.

**Penalties and Enforcement**: 

 - Non-compliance with licensing and disclosure requirements can result in significant fines. 

 - The Pennsylvania Real Estate Commission is tasked with enforcing these regulations.

### Thriving in Wholesaling with Gorilla Real Estate and Steve Franco 

 **As a Gorilla Real Estate Agent**: 

 - 90% or more payout

 - Access comprehensive training on compliance with the new law.

 - Benefit from a supportive community and expert mentorship from Steve Franco. 

**As a Hunting for Homes Marketing Affiliate**: - Leverage marketing strategies to generate leads and earn commissions without handling deals directly. 

 - Utilize provided tools and resources to attract potential sellers and buyers.

 **As an Unaffiliated PA Licensed Agent or Broker**: 

 - Brokers earn 40% referral fees by connecting wholesale sellers and 2% buyer agency fees by referring sellers to Gorilla Real Estate without engaging in wholesale deals. 

 - Maintain compliance with licensing requirements while maximizing earning potential through referrals. Working with Gorilla Real Estate and Steve Franco provides opportunities for professional growth, access to valuable resources, and the ability to navigate the new legal landscape effectively