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Updated about 8 years ago on . Most recent reply
License in NJ to Buy/ Sell own properties.
Hi -
I am trying to get a license in NJ.
I've read it needs a 75 hour classroom course.
It doesn't sound too bad,
Before i go sign up - a few questions, appreciate your inputs very much.
1 - This is mainly to buy and sell properties for myself.
Is this the right course - Sales Person Licensure
Or do i need a Broker License.
2- Can I represent myself as Buyer's Agent for myself?
3 - Can I make an offer and buy the property that I was a Buyer's Agent for myself?
Or do I need to float a company/ LLC to differentiate me (as buyer) from me (as agent).
4 - Do I get buy side commission on this?
5 - Can I sell this property that I own now as Seller's Agent, and represent myself?
Or do I need to float a company/ LLC to differentiate me (as seller) from me (as agent).
6 - When selling, can i offer 1-2% for Buy side agents?
Lastly - when I do take the classes and pass the exam -
1 - Can I go to Weichert and Coldwell and they'll register me with them?
Are they obligated to? Why wont they?
2 - Give me MLS access to buy and sell, and list?
Thanks.