It is quite possible that you can run afoul of the law, rules and regulations by "Representing" a seller or buyer of a property if you are not properly licensed. However, you can quite possibly represent yourself and "wholesale" the property. At that point you are not representing anyone but yourself. The key here is if you are "representing" someone else. As a wholesaler you just make the deal between you and the buyer on one end and a separate deal between you and the seller on the other end. If you are interested in wholesaling properties, or even "Bird Dogging" for Investors, you should check out the local real estate investor clubs in this area. You can find many of the clubs on http://www.meetup.com.
Good luck and work your deals carefully!
Emmanuel J. Scanlan
PS Inspection & Property Services LLC
TREC License # 7593
International Code Council, Residential Combination Inspector #5247015-R5 (Electrical, Mechanical, Plumbing and Building)
Texas Residential Construction Commission, Third Party Warranty Inspector #1593
Texas Residential Construction Commission, Inspector, County Inspection Program
Texas Department Of Insurance, VIP Inspector # 08507061016
Hayman Residential Engineering Services, Field Technician
CMC Energy - Certified Energy Auditor
Knowledge is power, but sharing knowledge brings peace!!