How do I make money soliciting for real estate deals for an agent without breaking the law(calif) I am not agt

Question

I have an agent that I can get real estate listings for but I am not an agent. The DRE has a law which says I have to be an agent in order to market for him. There must be a way to do it without breaking the law. ****!

Answer 1

You can be paid a salary, or an hourly rate for your work.

You may not be compensated from the transaction, or for the listing.

Answer 2

No you may not. The law is the law. It is there to protect the general public from loose cannons who are not licensed and not held accountable for their actions. That is why a licensee is required to go through the state exam much like other lines of work that require licensing. The law is not there to protect the industry or the Realtors. Those who advise you to do otherwise will get you to pass go, do not collect $200 but go direct to jail.

Also, if you are on salary, you may not engage in any activities that involves in soliciting business in real estate. For example, a realtor's salaried secretary may sit in an open house and pass out flyers but she may not discuss anything with any prospects.

If you really like the idea of real estate, get your license, hang it with a company and be a referral agent only. Do it right. The DRE is very conservative. You want to go to bed with them, you got to marry them.

Answer 3

Most of them are respectfully full of crap in my opinion and if I recall correctly, one of them got their butts kicked in a lawsuit by a marketer whose rights they tried to violate.

Ask yourself: Are the newspapers or radio stations violating any laws by advertising for the agent, since they "don't have a license"? You need to establish yourself as an advertising or marketing firm, but seek legal counsel from a competent attorney if you can find one, which might be difficult.

Try to find the precedent for the case I mentioned or similar ones, or have your attorney do it.

Answer 4

you can''t