Jordan Gilberti
Need a Broker's License to start a property management company??
5 May 2021 | 31 replies
It is fairly common in Florida for licensees to hire a broker of record and start their own company.
Rafael Norat
License or No License?
5 December 2015 | 5 replies
I agree with the 'get your license' consensus.While passing a test in no way prepares you to make money for yourself or others, it does expose the licensee to the basics of real estate such as ownership benefits, title, basic documents, some law, financing, valuation, ethics and duties of an agent and of brokers.It's scary how little many agent know, however.
Brad Wood
Broker for casual real estate investor
28 April 2018 | 1 reply
Also note, your E&O insurance does not cover you when you are a principal to the transaction.Also to note, as this issue may come up....as a licensee you are open to being specifically taxed.
Rakan Abuzahra
Property Management Startup questions
19 January 2016 | 4 replies
He can participate in other activities (like performing maintenance), but anything management related needs to be done by a licensee. 3) Not very profitable.
Turner Monroe
Washington DC Area New Investor and Agent
4 November 2016 | 7 replies
A lot of advice thrown to new licensees is to seek out the big brokers because of training.
Brin Weins
Property Management question
25 February 2015 | 3 replies
The best info I got from it was the following: a licensee cannot do a list of duties "...unless the licensee’s broker holds a current written property management agreement or other written authorization signed by the owner of the real estate or the owner’s authorized agent."
Jason K.
Assigning this type of property? Legal or not!?
20 April 2011 | 28 replies
Where a licensee sells for more than the seller is willing to accept and pockets that difference.
Account Closed
INVESTOR FRIENDLY BROKERAGE FIRM!!
28 October 2016 | 0 replies
I am recently a new licensee in Northern Virginia.
Taylor Jennings
Internet Marketing Web 2.0 TACTICS?
3 July 2013 | 8 replies
Our licensees can add links to the main page or one or more city landing pages from their Facebook, LinkedIn, Twitter, Trulia, Bigger Pockets, etc. pages to drive up their local SEO ranking, and that's what most people care about - those local searches.
Numan Seinfield
Is it worth it to get a brokers license for my own investing/flipping?
20 January 2013 | 31 replies
Yes, a licensee will be held to a higher standard, but more important, the licensee's broker will be responsible for any actions taken by the licensee in the capacity of a licensed agent.All licensees will be held to a higher standard, regardless of how long they have been licensed, what courses they have taken, etc.