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Do you need a real estate license to show a house at the request of the seller?
Wiki User
∙ 12y ago
Most likely, unless you're family of the seller or a closely trusted friend of the seller.
Added: . . . . and you will not be able to collect a fee or commission for your doing so.
Wiki User
∙ 12y ago
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What is a house seller called?
real estate agent
What happens if seller dies who gets the house?
In the UK the seller is the owner of the house together with any mortgage lender, the proportion of ownership depends on the amount outstanding on the mortgage. If the seller dies then the 'estate' will own the sellers proportion of the house. The estate will pass on to the next of kin or anyone nominated in the sellers will.
How do you use seller and cellar in a sentence?
The seller showed the real estate agent how to show off the wine cellar on the side of the house and the furnace and air condition units in the cellar under the house.
Do you pay a real estate agent that sells you a home?
No, they will charge the seller a fee based on the price of the house.
Can you still request a copy of marriage license after divorce?
The license is still on file and valid. You can obtain a copy at the court house.
What is a "closing"?
An event at which all the parties to a real estate transaction finalize their details and the final transfer of the ownership of a house moves from the seller to the buyer.
Can an executor of an estate refuse to lower the price of house in the estate when the other two heirs request that it be lowered?
The heirs cannot tell the executor what to do. If they have a complaint regarding the handling of the estate they must file it with the court and request a ruling.The heirs cannot tell the executor what to do. If they have a complaint regarding the handling of the estate they must file it with the court and request a ruling.The heirs cannot tell the executor what to do. If they have a complaint regarding the handling of the estate they must file it with the court and request a ruling.The heirs cannot tell the executor what to do. If they have a complaint regarding the handling of the estate they must file it with the court and request a ruling.
What is the commission of a house seller?
The seller of a home does not receive a commission. If you are referring to the real estate listing agent who assists the seller in selling the home, it can vary depending on what is negotiated. In the US 3% is fairly typical in most areas, but it is not unheard of for less of a commission to be paid.
Do you need real estate license to buy and sell notes?
If the house will be yours then you can buy the house without a license. If the house belongs to you then you can sell it without a license. However, I highly recommend that you use a real estate agent when buying and selling real estate. When buying real estate, title searches need to be performed to determine who is the rightful owner and what debt and taxes are levied against the property. When selling real estate, the buyer's credit and financial ability has to be determined before selling the property to the buyer. If these things are not done properly you could end up getting ripped off big time.
How would the administrator of an estate get a clear title of the house?
I assume you mean how do they acquire title to the real estate in their own name.In order for legal title to real estate to pass to the heirs the estate must be probated. Generally, once the administrator or personal representative has been appointed by the court there are two ways to transfer title to the real estate legally. First, the administrator can request a license to sell the real estate by stating the amount of the offer and to whom it will be sold. If the heirs consent, the license will be granted without delay. On the other hand, the administrator can wait until the estate has been settled and closed then purchase the real estate from the heirs at law.I assume you mean how do they acquire title to the real estate in their own name.In order for legal title to real estate to pass to the heirs the estate must be probated. Generally, once the administrator or personal representative has been appointed by the court there are two ways to transfer title to the real estate legally. First, the administrator can request a license to sell the real estate by stating the amount of the offer and to whom it will be sold. If the heirs consent, the license will be granted without delay. On the other hand, the administrator can wait until the estate has been settled and closed then purchase the real estate from the heirs at law.I assume you mean how do they acquire title to the real estate in their own name.In order for legal title to real estate to pass to the heirs the estate must be probated. Generally, once the administrator or personal representative has been appointed by the court there are two ways to transfer title to the real estate legally. First, the administrator can request a license to sell the real estate by stating the amount of the offer and to whom it will be sold. If the heirs consent, the license will be granted without delay. On the other hand, the administrator can wait until the estate has been settled and closed then purchase the real estate from the heirs at law.I assume you mean how do they acquire title to the real estate in their own name.In order for legal title to real estate to pass to the heirs the estate must be probated. Generally, once the administrator or personal representative has been appointed by the court there are two ways to transfer title to the real estate legally. First, the administrator can request a license to sell the real estate by stating the amount of the offer and to whom it will be sold. If the heirs consent, the license will be granted without delay. On the other hand, the administrator can wait until the estate has been settled and closed then purchase the real estate from the heirs at law.
What is the name for a house seller?
a seller
How do I sell a house when the other owner does not want to?
What is your motivation to sell the owner's home? What is your relationship to the seller? Are you a family member or a licensed real estate agent?
