Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

28
Posts
8
Votes
Jinyu Shao
  • Sunnyside, NY
8
Votes |
28
Posts

SEEKING ADVICE: Getting a RE license to sell my co-op in NYC

Jinyu Shao
  • Sunnyside, NY
Posted

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'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!

Loading replies...