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Updated over 3 years ago on . Most recent reply
airbnb arbitrage and real estate license in NC
I am interested in airbnb arbitrage, and am trying to figure out if a brokers license is required? Specifically, I would sign a lease with an owner, and then list the rental on airbnb. The North Carolina real estate commission representative we spoke with said because we are marketing and making a profit, a brokers license is required. Does anyone in North Carolina have experience with this?
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I do not think that is accurate. Of course the NC real estate commission will say you need a license because they will get more money and they love putting up bureaucratic red tape.
If you have the owners written permission and get the owner to sign a sublease, that should suffice to legally. I am not a lawyer nor have I done this before but I know a few people who have successfully done Airbnb arbitrages here and they do not have their NC real estate licenses.. PM me and I will get you in touch with them.