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4 answers

Yes.

2007-03-27 19:16:25 · answer #1 · answered by SndChaser 5 · 0 0

Normally yes. In most states you must hold a real estate license to take part in any real estate transactions other than your own purchases and sales. The best that you can get from a deal that you pull together if your are not licensed is maybe dinner or a toaster.

In most states you would be in violation of the law holding yourself to the public as a "Real Estate Consultant" without a real estate license.

2007-03-27 05:35:27 · answer #2 · answered by Bostonian In MO 7 · 0 0

The basics are these:
All states require that we be licensed in real estate to give any type of marketing advice and or opinions relating to any matters in real estate. Failure to be licensed in real estate will subject you to prosecution both through civil procedures by the state and the private parties and through regulatory hearings, in the event that an issue evolves from a real estate transaction and or advice you provided and that you had anything to do with and for which you were or were not compensated for. The usual procedure in such cases is for the damaged party to file a complaint with the state's attorney general's office and or the state's Real Estate Commission for prosecution. Most real estate commissions in each state have an attorney from the attorney general's office assigned to represent matters stemming from violations of that state's real estate laws, rules and regulations. Further in the event that issues relating to the real estate transaction have legal implications then a licensee is obligated by law to state that the consumer should seek legal advice and or provide the method by which they can get legal advice.
Free legal aid search for all states: http://www.lawhelp.org/
Buena Suerte

2007-03-27 05:51:58 · answer #3 · answered by newmexicorealestateforms 6 · 0 0

In Connecticut it is. You need to call your local RE board.

2007-03-27 05:27:04 · answer #4 · answered by KathyS 7 · 0 0

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