⚖️ California’s Crackdown on Home Wholesaling — What It Means for Sellers (and Why Romine Group Supports It)

fjromine
Nov 2
2 min read

California cracks down on unlicensed home wholesalers — Romine Group does it the right way.

California is tightening up on real estate wholesaling, and for good reason. For too long, some unlicensed operators have been tying up properties under contract — only to flip those contracts to another buyer for profit, without ever planning to purchase the home themselves.

This practice, known as “wholesaling,” has left many homeowners confused, misled, and sometimes stuck in deals that fall apart before closing.

🚨 What’s Changing

The California Department of Real Estate (DRE) and state regulators are increasing oversight of unlicensed individuals who act like real estate brokers.

Under California Business & Professions Code Sections 10130 and 10137, it’s illegal to market, negotiate, or receive compensation for the sale of a property without a real estate license.

That means anyone who markets or assigns a home contract for profit — without being licensed — could soon face fines or penalties. The state is sending a clear message:

If you’re representing others in a real estate transaction, you must be licensed.

🏡 How Romine Group Is Embracing the Change

At Romine Group Real Estate, we welcome this clarification. It protects homeowners — and it reinforces everything our team already stands for.

We don’t assign contracts.We don’t “flip” paperwork.We don’t hide behind middlemen.

Instead, we:✅ Operate as licensed California real estate professionals✅ Work directly with homeowners — never through hidden buyers✅ Handle probate, foreclosure, and complex property sales with full transparency✅ Guide families step-by-step through every legal and ethical detail

Our focus is helping families through life’s toughest real estate moments — not profiting off confusion.

⚠️ What Homeowners Should Watch For

If you’re approached by someone offering to “buy your house fast,” take a moment to ask:

Are they licensed by the California Department of Real Estate?
Are they actually the buyer — or just assigning your contract to someone else?
Do they clearly disclose how they’ll make money?
Can they show proof of funds and close in their own name?

If they can’t answer these questions, that’s your first red flag.

💬 Final Thoughts

California’s new enforcement push is about protecting homeowners from deals that aren’t what they seem.

At Romine Group, we fully support the state’s move to hold unlicensed actors accountable. It levels the playing field for honest professionals — and gives sellers the confidence they deserve when making one of life’s biggest financial decisions.

📞 Have questions or need to sell your home the right way?Call Romine Group Real Estate at 559-254-8223 or visit www.RomineGroupRE.com.