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Updated over 8 years ago,
Broker License
Hello and Good Sunday Morning:
I have a question and I have already read the answers to this particular question, so bare with me!!
I am in the business of buying and selling Notes (Commercial and Residential) also Non Performing Notes through Banks and Credit Unions.
If I find an Owner Financed Note Holder that is willing to sell his/her Note and I submit the deal to an Investor/Cash Buyer and this Buyer purchases the Note and pays me a Finders Fee, do I need a Real Estate Brokers License for these kinds of transactions not only here in California but all 50 States??
There seems to be 2 different answers to this question! Yes I do need a Brokers License and No I don't need a Brokers License!!
Please let me know! I am a bit baffled by this!!
O. Rodriguez