0
Yes. Anyone who takes part in the real estate negotiating or procurement other then the buyer, seller or third party escrow is required to hold a real estate license. In California the Bureau of Real Estate issues such a license. The parties to the transaction will be covered up to $100,000 via a department issued bonds for any improper activities that occurs during the transaction.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Do you need a real estate license to rent apartments in Chicago?
yes
Do you need a real estate license to sell your own timeshares in Missouri?
It is always legal for you to sell your own property. You only need a real estate license to sell other people's property on their behalf.
Do you need a real estate license to find a rental for someone for a fee?
yes
How do you transfer your Indiana Real Estate license to Texas?
Transferring real estate license to a different State
How can you act as your own real estate agent without a broker?
If a person has an active real estate license, they also have a broker. Having a real estate license without placing it with a brokerage means the license is inactive. In selling his/her home, a person with an inactive license would have to disclose having a real estate license, and then do a For Sale By Owner. A person with no real estate license can sell a home as a FSBO.
What tests need to be taken to get a commercial real estate license?
In order to become a commercial real estate broker, you will need to take and pass the Real Estate License Exam in your state.
Can a felon apply for real estate license?
If a felon cannot have a real estate license, but a former one can have. As long as they pass all the requirement and mandatory components that they need, they can get their real estate license. It also depends for the state's real estate commission if they will be accepting such cases, for example is on Texas Real Estate License
What is the use of a Colorado real estate license?
A Colorado real estate license is required if you want to become a real estate agent in Colorado. This is a state requirement. The education you need for a license will cost around $500.
Do you need to have a real estate license to own stock in a real estate firm?
is it a publicly traded company
Does a designated officer of a licensed real estate corporation need a real estate license?
Having the license would certainly be an advantage in real estate, which is a business with a lot of gray areas of ethics.
Do you have to pass a real estate test in Virginia to sale realestate in Virginia?
If you want to deal with real estate business you must have real estate license. In order to get real estate license you need to pass a real estate exam in Virginia. You need to complete minimum 60 hours in the principles of real estate. You must have to pass the state & national portions of the real estate exams. You need to know all the fundamentals & real estate laws. After getting you real estate license you can join any commercial real estate firm or property management company to deal with commercial real estate property or residential real estate property. All the Best. www.flaglerdev.com
Do Real Estate Agents require a license?
Real estate licenses need the passing of state and national exams.
What is the cheapest real estate course that will give me a license?
i need to take an online course for work . for basics in real estate terminology that I get a certificate that I had completed it.
Do you need a real estate license to rent apartments in Chicago?
yes
Do you need a real estate license to sell your own timeshares in Missouri?
It is always legal for you to sell your own property. You only need a real estate license to sell other people's property on their behalf.
Where can you get a appraiser license in Maryland?
In order to get an appraiser license in the state of Maryland, you will need to complete courses in real estate appraisal, get a real estate Appraiser Trainee license, work as an appraiser trainee at least 2 years and take the exam for real estate appraiser.
What kind of license does a real estate agent need?
Realtor agent shall need a legally acquired license, given to them by their state department of real estate which will certify them as real, legally acknowledge as a realtor agent of a company of the regulator.
