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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.

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11y ago

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Do I need a real estate license to buy and sell houses?

No, you do not need a real estate license to buy and sell houses for your own personal use. However, if you are representing someone else in a real estate transaction for a fee, you will need a real estate license.


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 estate value include real estate?

Yes. Estate values are being determine by license appraisers and they conduct the necessary evaluation and assessment of a certain estate property about it's value. Any estate property is included in real estate. Any land resource that is directed for valuable use is included in real estate, for sale or not.


Do you have to go to college to be a real estate agent in California?

Not necessarily, but one of the requirements for real estate license applicants in California is having completed an 8-statutory college level courses required for both the broker examination and license.Here are other requirements that you will need to qualify for the examination and get an Salesperson license, if you pass, in California.California Education RequirementsSalesperson License:Real Estate Principles; andReal Estate Practice; andOne course from the following list: Real Estate AppraisalProperty ManagementReal Estate FinanceReal Estate EconomicsLegal Aspects of Real EstateReal Estate Office AdministrationGeneral AccountingBusiness LawEscrowsMortgage Loan Brokering and LendingComputer Applications in Real EstateCommon Interest Developments


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.


Can you be required to use a buildings real estate agent?

Unless you have your own real-estate license, it can be tricky going at it alone. You would never want to defend yourself in the court of law- don't try to represent yourself in a high-stakes real estate transaction.


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.


What are some resources I can use to study for the real estate license test?

The tests for real estate licenses vary from state to state. The following website should ans any quesions you may have: realestate.about.com/od/gettingyourlicense/tp/examtips.htm


What kind of estate establishes the ownership of property for only the life of the owner?

A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.


What does a conditional real estate license mean?

Some states, California being one of them, give you a conditional license when you pass the real estate exam. Usually this lasts for a certain amount of time in which case you need to complete any of that states post licensing requirements. If you complete those you will receive a full term license at the end of the conditional period. Basically its kind of a temporary license you can use while finishing up the rest of the states requirements.


What companies employ commercial real estate agents?

Companies that are searching for commercial real estate space to purchase or to rent will use the services of a commercial real estate agent. An example of a commercial real estate company is Sealy Real Estate Services, Shreveport, LA.


How can you use your LLC to sell real estate without having a real estate licence?

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.