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Can an unlicensed real estate agent show properties?
If the real estate agent is unlicensed than they are not a real estate agent. If someone is seller their own home they can show their property or designate someone over 18 year of age to show their home. By law an unlicense individual are not allow to enter properties without a licensed real estate agent.
What COBA does stand in real estate?
COBA: Compensation to Buyer's Agent COTB: Compensation to Transaction Broker CONR: Compensation to Non-Representative
If you're licensed to sell real estate in one state, can you practice in other states?
No, you cannot sell real estate in a state you are not licensed in. Each state has their own laws and guidelines for selling real estate.
How is a real estate broker different from a real estate agent in California?
A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.
What other qualification are beneficial for becoming a real estate agent?
Course RequirementsApplicants for a real estate broker license examination must have successfully completed the following eight statutorily required college-level courses:Real Estate Practice; andLegal Aspects of Real Estate; andReal Estate Finance; andReal Estate Appraisal; andReal Estate Economics or Accounting; andThree* courses from the following listReal Estate PrinciplesBusiness LawProperty ManagementEscrowReal Estate Office AdministrationMortgage Loan Brokering and LendingAdvanced Legal Aspects of Real EstateAdvanced Real Estate FinanceAdvanced Real Estate AppraisalComputer Applications in Real EstateCommon Interest Developments *If both Real Estate Economics and Accounting are taken, only two courses from the above group are required.
Can an unlicensed real estate agent show properties?
If the real estate agent is unlicensed than they are not a real estate agent. If someone is seller their own home they can show their property or designate someone over 18 year of age to show their home. By law an unlicense individual are not allow to enter properties without a licensed real estate agent.
What has the author Fillmore W Galaty written?
Fillmore W. Galaty has written: 'Modern real estate practice in Ohio' -- subject(s): Law and legislation, Real estate business, Real property, Vendors and purchasers 'Modern real estate practice in Ohio' -- subject(s): Real property, Law and legislation, Vendors and purchasers, Real estate business 'Modern real estate practice in Georgia' -- subject(s): Real property, Law and legislation, Vendors and purchasers, Real estate business 'Modern real estate practice in North Carolina' -- subject(s): Real property, Law and legislation, Vendors and purchasers, Real estate business 'Study Guide for Modern Real Estate Practice' 'Modern real estate practice in Nevada' -- subject(s): Law and legislation, Real estate business 'Modern real estate practice in Illinois' -- subject(s): Licenses, Real estate agents, Conveyancing, Law and legislation, Vendors and purchasers, Real estate business
What COBA does stand in real estate?
COBA: Compensation to Buyer's Agent COTB: Compensation to Transaction Broker CONR: Compensation to Non-Representative
Who does a North Carolina real estate company have to cover with workers compensation insurance?
This would depend on the agents relationship with the company. Often times real estate agents are considered subcontractors and as such they would not be covered under workers compensation insurance.
Can a real estate salesperson request direct payment out of escrow and not through broker for a real estate sales commission in California?
It is not permissible for Real Estate Salespersons to be compensated by anybody other than the Salesperson's Broker. To do so would violate California Real Estate Law. The California Business Code Section 10132. defines a real estate salesperson: A real estate salesman within the meaning of this part is a natural person who, for a compensation or in expectation of a compensation, is employed by a licensed real estate broker to do one or more of the acts set forth in Sections 10131, 10131.1, 10131.2, 10131.3, 10131.4, and 10131.6. Krista Railey
Where can one find real estate practice in California?
One can find real estate practices in California from the following sources: Real Estate Express, Pro Profs, Lexis Nexis, California Real Estate, Robert Rooks, to name a few.
If you're licensed to sell real estate in one state, can you practice in other states?
No, you cannot sell real estate in a state you are not licensed in. Each state has their own laws and guidelines for selling real estate.
Where did the recording of real estate transactions begin?
The common practice of recording real estate transactions with an official recorder or registrar began in colonial Massachusetts
What do you call a person who practice real estate?
A realtor or estate agent buys and sells real estate on behalf of the principle, for a commission. They can also act as a managing company on behalf of the landlord.
When were real estate transactions first officially recorded?
The common practice of recording real estate transactions with an official recorder or registrar began in colonial Massachusetts
Is there a difference between a probate lawyer and a real estate lawyer?
Yes. A probate lawyer handles estates. A real estate lawyer handles transactions that involve real estate. Those specialities are often combined in a law practice.
What has the author Paul T O'Donnell written?
Paul T. O'Donnell has written: 'Real estate fundamentals' -- subject(s): Real estate business 'Aware in South Carolina' -- subject(s): Law and legislation, Outlines, syllabi, Real estate business, Vendors and purchasers 'The practice of real estate' -- subject(s): Real estate business
