to submit an offer on a house since she's not working for a real estate broker & don't have access to MLS? Does she need to disclose in advance or anytime that she's license real estate agent to her real estate agent?
2007-06-21 15:36:51 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
If the agent is the owner she MUST disclose it on the "For Sale" sign. If the offer is for a home she is looking to purchase it varies by state and I'm not sure how California leans. As far as an agent not working for a broker hiring another agent to act for her goes she would have to. A real estate sales person is not licensed to work as an independent agent and her license is basically "suspended" if not being held by a broker so she could not legally submit the offer herself. Hope that was enough help, sorry I couldn't be more!
2007-06-21 15:44:51 · answer #1 · answered by boitchick 3 · 0⤊ 0⤋
In California the license status must be disclosed that she is an agent.
She can hire her own agent/broker.
She must have a broker even though she is not "Active" or she would also need to be a broker.
Caliornia has had a provision in the past that one could place there license in a non-active status and this is being phased out by the Department of Real Estate (DRE).
This may be the case of the agent.
I hope this helps to clarify your question.
2007-06-21 15:51:39 · answer #2 · answered by Jimmy 5 · 0⤊ 0⤋
I know that as a licensed real estate agent, you must disclose to the seller that fact, so your agent would have to know that also. There is no strict rule about when it must be disclosed, but is generally accepted that it must be done before any serious discussions or an offer takes place.
2007-06-21 15:42:38 · answer #3 · answered by Brian G 6 · 1⤊ 0⤋
Hiring a Realtor is entering into a relationship. The Realtor may have only 1 to 4 houses they represent sellers for. And, the rest of the business is buyers. That's a good thing because they have more time for you. They should: 1) Be able to stage your home without making you hire a $10K service to do it for you. They'll have storage place to bring out contemporary furniture, paintings, and other things to turn your home into a model home. 2) They should have an eye for design. This could mean recommendations for you to paint your house (make it appeal to the broad market - not your personal nitch). 3) They should know about curb appeal. They may even replace some plants for you. 4) They should be well connected in their field. This means RE Attorneys, Escrow Companies, Loan Brokers, and other Real Estate agents. Note: If other agents do no like your realtor, they will stear their buyers away from houses being represented by that agent. Real Estate agents do play politics with one another. Reputation matters. 5) Reputation builds on itself. Real Estate agents are known to either close deals, or forget to tie up the loose ends. Escrow companies know who the good ones and bad ones are. Escrow companies constantly chase the bad ones to get their clients documents in. Good Realtors chase the Escrow companies and mortgage companies. They are relentless... working for their seller. 6) Your Realtor should be able to take care of your house while you're out of town (extended - even weeks at a time). This means watering, trimming, and facilitating home maintenance. 7) Your Realtor should have a relationship with a handyman. He/She should offer to bring over the handyman and FIX anything that needs to be addressed before your house is officially listed on the MLS. If your Realtor isn't all of what I described, they aren't worth the money they'll eventually get upon the sale of your home. Remember, that check could easily be $20K (depending on your sale price). Make them work for it. They are your right arm so that you can work on purchasing your next residence.
2016-04-01 10:57:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
There is some information missing from your question. As far as your basic question YES they can hire another agent.
Who is she making an offer to and/or for? Is she making an offer for herself or some other third party?
Why is this of interest to you anyway? there is something that you are not saying. You have a personal interest in this actiion, what is it?pp
2007-06-21 15:44:46 · answer #5 · answered by ttpawpaw 7 · 0⤊ 0⤋