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How can you use your LLC to sell real estate without having a real estate licence?
Wiki User
∙ 15y ago
This is a tricky one, I'm not sure you can use and LLC it may need to be fully incorporated but in certain states employees of a corporation may practice real estate for that company so long as they are paid only a salary and receive absolutely no bonus whatsoever in connection with any real estate transaction. These emplyee's can only ONLY conduct real estate transactions for THEIR company. These employees can not represent any member of the public or any entity other than the company that they work for. In short, if you are looking to buy/sell your own poperty do not worry about the license, if you are looking to represent others for their purchases/sales just get the license. It's cheap, easy and will keep you outof jail.
Wiki User
∙ 15y ago
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What is the penalty for Practicing Real Estate without a Licence in Florida?
It's a 3rd degree felony and you will be fined from $250.00 to $5,000.00
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.
Do you have to have a license to sell real estate?
Yes, although there are a few exceptions most state require you to have a licence to sell real estate.
Does the owner of a building company need a real estate licence to sell?
In most states a real estate license is needed in order to sell property owned by someone else. A real estate agent sells someone else's property for a commission, as a service provided to the seller. Anyone can sell her/his own property without using an agent. So the owner of a building company presumably owns the property he builds, and can therefore sell it without a license.
Can you use custom broker license every state?
If by this mean you mean a broker's licence in terms of real estate, then no.
What is the penalty for Practicing Real Estate without a Licence in Florida?
It's a 3rd degree felony and you will be fined from $250.00 to $5,000.00
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.
Do you have to have a license to sell real estate?
Yes, although there are a few exceptions most state require you to have a licence to sell real estate.
What is a good real estate website in Canada?
It depends on what you are looking for: a real estate website with properties listed or a site about real estate career? eitherway, realtor.ca is one for the first category and http://www.excelrealtyacademy.com/ is for getting your real estate licence
Who regulates business brokers?
In the state of Florida Business Brokers are required to have a Real Estate licence and are regulated by the FREC. (Flordida Real Estate Commisssion)
How do you get real estate agent licence?
This is determined by each state. NC requires 80 hours of classes then you pay fees to the Real Estate Commission.
Difference between a Realtor and a Realtor Associate?
Real Estate Agents are people who just have a real estate licence but Realtors are Real Estate agents or Brokers who not only have Real Estate license but are also members of the Board of Realtors which abide by a stricter set of guidelines, rules and ethics.
What is required for real estate licence in Ontario?
Many papers and admissions. Here you can find out more about it http://www.excelrealtyacademy.com/
Can you use custom broker license every state?
If by this mean you mean a broker's licence in terms of real estate, then no.
Does the owner of a building company need a real estate licence to sell?
In most states a real estate license is needed in order to sell property owned by someone else. A real estate agent sells someone else's property for a commission, as a service provided to the seller. Anyone can sell her/his own property without using an agent. So the owner of a building company presumably owns the property he builds, and can therefore sell it without a license.
How do you spell real-estate?
Real estate If looking for any kind of investment in free hold residential plots in noida and greater noida,contact us -+91-8287-500-308
Do you need a real estate license to manage apartments in Kansas?
No, you do not need a real estate licence to manage residential properties in Kansas; however, you do need one to manage commercial properties (unless you have an ownership interest).
