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Updated over 3 years ago on . Most recent reply
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NEED ADVICE: getting a real estate license to sell my own home
Hello! I have a co-op in Manhattan that I want to sell. It's currently being rented out, although not generating much return. I plan to take the real estate agent exam so I can be my own seller's agent and save on commission. (It's at least 6% in NY!)
I know this might be a weird question to ask in an agent's forum since I choose not to hire one this time around...but I would love to hear advice from your perspective and would really appreciate any input.
I'm currently living and working abroad and go back to visit 1-2 times per year. I'm trying to find out whether this is feasible in this situation.
I'm looking for advice for the following:
1) Can I represent myself to sell my co-op in NYC? (I know it's possible in some states, not sure if it's the same in NYC)
2) Can I do so while residing and working in a different country? (I can fly back for closing or other events that requires my presence)
3) If both of the above are okay, when do I need to be physically present?
4) Once I take the class online and pass the exam, what's next before I can represent myself to sell my property?
Thanks so much for reading. Looking forward to reading your replies!
Most Popular Reply
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You dont need a license to sell your own property.
Having a license doesnt mean you know what you are doing.
Its very clear from the questions you are asking, that you should in fact hire a professional.
- Russell Brazil
- [email protected]
- (301) 893-4635
- Podcast Guest on Show #192
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