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Updated about 4 years ago on . Most recent reply
Licensed Real Estate Broker Acting as Principal
I hold an active Calif Real Estate Brokers license, but I am a corporate pilot and have not performed any professional real estate services in over 10 years. When purchasing an owner-occupied residence for my family & me to live in, I want to act as my own broker in order to collect the buyer's agent commission. Must I be a member of NAR, CAR or a local board in order to collect a commission in this scenario? In my situation, I don't think the cost would be worth it if not required. Also, what forms can I use for the Calif Residential Purchase Agreement, etc.? I have heard you must be a member of the local board of Realtors since these forms are proprietary.
Thank you!