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Yes, having a real estate license is an essential requirement when dealing with any kind of real estate transaction in the USA. In fact, these licenses are authorizations, which are issued by a state administration in the USA, that give legal ability to real estate appraisers and agents to carry out fair property purchase or for sale deals when a buyer or seller is in process of purchasing or selling real estate property in the US.
Sales of commercial property is no exception to this. If you intend to sell your commercial real estate, you need good advice from a reputed commercial property appraisal company to know the accurate market value of your commercial property. While hiring a commercial property appraiser, you should ensure that he or she has a valid real estate license to carry out the appraisal process for your commercial property. Be cautious of appraisers with an expired license even if they claim it expired recently and that they are expecting the renewed one any day. It is also advisable to check whether any time in the past his license was suspended. By hiring an efficient and honest appraiser, you can sell your commercial property safely without getting duped.
What else can I help you with?
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.
What kind of license do I need to sell commercial real estate in Oregon?
Each state has specific requirements for the education and licensing of real estate professionals. In Oregon, the Oregon Real Estate Commission makes those determinations, which you can read in detail here: http://www.oregon.gov/REA/LIC/examinations.shtml Selling commercial property is a specialty area, like selling investment properties or selling luxury homes. No special license is required beyond the initial real estate license, though you would be wise to take additional classes in the area and to intern with a commercial real estate professional.
Do you need a real estate license to start a real estate investment company?
If you are going to start business as a real estate agent or real estate investment company then it's mandatory to have a license. If you are planning to make personal private investments in real property you do not need to be licensed as an agent. The agent license is simply for those who want to run a business promoting other people's properties for a fee. If you are going to buy the property and rent it or resell it there is no license required. You can also use other strategies with investing that do not require a license and that do not require purchase of property.
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.
Do you need a real estate license to rent apartments in Chicago?
yes
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
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.
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.
You are an administrator for an estate can you make a home equity for the estate?
Generally, you need a license from the court to mortgage the property.
Do you need a license for property management in Massachusetts?
Real Estate License: Although not mandatory for property management activities such as leasing and renting, obtaining a real estate license in Massachusetts can be helpful for your long-term success as a property manager. It provides you with a foundational understanding of real estate laws and practices.
Do I need a real estate license or broker license to act as a property manager for a friend in California?
No, you do not need a real estate license or a broker's license to act as a property manager for a friend in California as long as the friend does not require that licensing. You can have a written or verbal agreement to perform those services.
Do you need a license to start a commercial property management company in New Zealand?
No
Who would need commercial property software?
Commercial property software would need to be used by developers, municipalities, real estate trust companies and large corporations, as well as others.
Do you need a license to sell commercial insurance in Texas?
Yes, you need an insurance license to sell any kind of insurance in Texas. For "Commercial Insurance" operations, you will need a Property and Casualty Insurance License form the state of Texas.
What kind of license do I need to sell commercial real estate in Oregon?
Each state has specific requirements for the education and licensing of real estate professionals. In Oregon, the Oregon Real Estate Commission makes those determinations, which you can read in detail here: http://www.oregon.gov/REA/LIC/examinations.shtml Selling commercial property is a specialty area, like selling investment properties or selling luxury homes. No special license is required beyond the initial real estate license, though you would be wise to take additional classes in the area and to intern with a commercial real estate professional.
Do you need a real estate license to start a real estate investment company?
If you are going to start business as a real estate agent or real estate investment company then it's mandatory to have a license. If you are planning to make personal private investments in real property you do not need to be licensed as an agent. The agent license is simply for those who want to run a business promoting other people's properties for a fee. If you are going to buy the property and rent it or resell it there is no license required. You can also use other strategies with investing that do not require a license and that do not require purchase of property.
Do I need a license to advertise for sale by owner property?
No, an owner can advertise his property at any time. A real estate license is required if one is being paid a commission to sell a property belonging to someone else.
