Agents are unlicensed in many countries so anybody can become an agent, including people freshly landed from overseas who don't have a work permit (since this is a business rather than a job).

Each state should have rules for what real estate agents can “gift” their clients.This is the guidance in Texas:Although a license holder may not pay an unlicensed person valuable consideration for referring a potential lessee or buyer, gifts of merchandise with a retail value of $50 or less are not considered valuable consideration.

The unlicensed guys are unlicensed for a reasonExactly!!!

What I've found in LA is that the sponsors aligned with gurus tend to play fast and loose with the SEC regulations around unlicensed broker-dealers.

Second issue is that “wholesaling” as the term is used now is NOT investing; at the low level operation it’s a JOB as an unlicensed real estate broker; at the high level it running a FULL BUSINESS operation.  

I am also curious about the potential risks associated with unlicensed contractors who may have worked on the property.Furthermore, I am anxious about the possibility of the seller obtaining city approval, bringing the property up to code, and subsequently increasing the asking price substantially – a concern that raises questions about the deal's feasibility if I don't secure the property under contract promptly.Any advice and insights can help.

Hey guys and gals,Last week I made a post going over regulations and licensing in Austin, TX.This week, I want to add what the actual penalties are for a failure to comply with their requirements . This is fresh info ...

I don't know who you talked to but realtors in the Dominican Republic are unlicensed and unregulated so everybody and their mother can become one and they do.

I don't recommend Home Depot, most are unlicensed and are handyman.

If you're not unlicensed, I still view it as unethical and there's the possibility the homeowner could wind up owing the Realtor the commission they agreed upon when initially signing a contract if they sell the property to you.Once their contract has expired, the homeowner is fair game, and then you should actively pursue them if you're interested in putting something together.