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Updated over 11 years ago,
Real Estate Agent called me and said what I was doing was illegal
Hello. I have a comment, and then a question. I have been asked by a couple to try and sell their house. I had advised them that calling an Agent was probably the best way to go to get a good price for it. (In my area houses tend to stay on the market for a few months before selling.)
They wanted to sell quick and were willing to sell for their payoff. This seemed like an OK deal, with some profit available, and no rehab (well not much) was needed. So, I emailed and called a few "investors" on my short Buyer List. No takers. So I advertised the house for sale on craigslist, facebook, zillow, etc.
I get a call this weekend from an Agent, who says his client is interested in seeing the house. So I told him I just had to arrange it with the owners. He started getting really fidgetty.... "Wait, YOU'RE not the owner? You can't advertise to sell someones house, unless you own it, or are a Licensed Agent."
It went back and forth, I explained what it was that I was doing, and that lots of people do that..... He said he had never heard of anyone doing that before.
So...... My question: Am I doing anything wrong by advertising this house for sale, and I'm not a Real Estate Agent?
Answers, comment are all welcome. BTW I'm in Texarkana, Texas, if that makes a difference.