2007-10-01 07:34:57 · 10 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
I'm in Florida. I'm thinking of buying and selling homes in the future. Do I need a license?
2007-10-01 08:54:42 · update #1
A licensed real estate salesperson will need to be involved in the transactions. That doesn't mean you personally need a license but if you don't have one you'll need to work with someone who does. Better to get the license yourself though so you can save some money in commissions. It's not difficult to get a license in Florida. Visit the link below to lean what is required to obtain your Florida real estate license.
2007-10-01 10:15:27 · answer #1 · answered by David G 2 · 0⤊ 0⤋
I think you mean well, but as tough a time as I'm having in understanding what you're trying to say, the tougher it will be for you to prove that you are capable of selling real estate. Currently you can sell your own property without needing a real estate license. Some listing agents will list your property for a nominal fee, just so that you get the exposure. They won't charge you 2.5%. More like a few hundred dollars. Then, you're only paying a Buyer's Agent for bringing the successful Buyer. The Buyer's Agent may insist on using their own Offer to Purchase forms because they have already been approved by the local bar association (in some states). They may also insist on holding the Buyer's earnest money in their escrow account for safekeeping, until closing. Either way, your property is getting sold with very little involvement from you. Except for your having to be there every time a Buyer wants to show the property. Which some Buyer Agents won't want to do, because we need the flexibility of being a few minutes early or late, and would prefer to consult with our clients without interference.
2016-05-18 02:10:35 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Check your state regulations. Most states require a real estate license unless you are selling your own home or you work and are paid directly through a builder.
A license is required to insure you understand laws and transactions pertaining to the real estate business. You must understand how to protect you and your client that could be costly to either or both.
There is a lot to know and understand.
2007-10-01 08:02:27 · answer #3 · answered by Bruce T 5 · 0⤊ 0⤋
I am not sure if it varies by state, but in California you do NOT need a license to sell your home. You should really know what you are doing. Of course, in many markets right now it is better to seek out professional help. But, no, you don't need a license to sell your own home. You do need a license to represent somebody else.
2007-10-01 07:41:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Real Estate sales are regulated by the state you live in. Where are you?
2007-10-01 07:41:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Walley if you owned the homes personally, no you don't need a license. But if you are listing them for others, then yes you do.
2007-10-01 07:44:27 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Yes, if you want to sell houses for other people. No, if they belong to you...that is called for sale by owner, FSBO.
2007-10-01 08:24:48 · answer #7 · answered by Christiane 3 · 0⤊ 0⤋
yes that is what a real estate licence is for
2007-10-01 07:38:11 · answer #8 · answered by Fabio G 3 · 0⤊ 0⤋
Yes, unless it's your own house.
2007-10-01 07:39:48 · answer #9 · answered by Debdeb 7 · 2⤊ 0⤋
YES UNLESS YOU ARE THE OWNER THEN IT BECOMES A "FOR SALE BY OWNER"
2007-10-01 08:15:48 · answer #10 · answered by SUPER WOMAN! 2 · 0⤊ 0⤋