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Updated about 7 years ago,

User Stats

467
Posts
161
Votes
Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
161
Votes |
467
Posts

can buyer compensate unlicensed for sourcing, supporting purchase

Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
Posted

Can you (the buyer, investor) compensate someone (unlicensed) for helping you for being involved in the purchase process of your investment property?

I 100% think so,  it is nothing unusual, unreasonable ...weather an assistant, bird dogging, someone giving repair estimate, etc, weather paying them salary, or commission in the deal, ...even I too, want to hire someone to help me to be involved in an online auction process, and pay them at closing, ...

Even Josh mentions here in this vid to strategize the purchase process with another, in different ways...https://www.youtube.com/watch?v=e-LS0o4-krI&list=P...

BUT...im studying for the real estate license, and my instructor is literally screaming at me in all caps for over asking this...saying it is breaking the law..if someone unlicensed is compensated in any way...from a buyer...

and then DPBR sent my this link to help me:    scroll to relevant...needs a license http://www.myfloridalicense.com/dbpr/pro/division/...

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