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9 July 2019 | 67 replies
If you pull a permit as a homeowner they will talk you out of it and state that if you're hiring an unlicensed contractor you don't qualify for any funds from the " uninsured contractor / thief" fund if things go south.
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19 July 2019 | 35 replies
I have yet to see anyone advertise a contract LOL I sent it to my state regulator and here is my reply I got back from the Authorities at the state.State of Oregon - Real Estate AgencyFrances Hlawatsch | Financial InvestigatorBest regards,Thank you again for the information, if I have further questions for you during the investigation I will certainly reach out.The Agency is well aware that unlicensed “wholesalers” are rampant in our jurisdiction.
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15 March 2015 | 66 replies
You have to hold a real estate salespersons or brokers license to be a member of an MLS and have access (or an unlicensed assistant to a licensee), but you do not have to be a Realtor, which signifies a member of the National Association of Realtors, a professional organization.
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11 December 2023 | 2 replies
The "off grid" part is not a problem, but as mentioned above if you're doing some sort of cabin kit you might run into some issues with lending.The other issue I see is banks do not like self permitting or unlicensed contractors.
14 December 2020 | 33 replies
In every state that I know of, an unlicensed person cannot market a property that he doesn't already own - meaning that your name is already on the title.
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30 July 2015 | 3 replies
As to sales technique this is the most over looked area of this business ... be it your a unlicensed wholesaler or a RE broker... one needs sales skills to truly rise to the top .
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12 September 2018 | 8 replies
Lower price (maybe...I see plenty of overpriced off market deals).Cons:Chain of title and closing process can be (not always) shady, with multiple contracts, assignments, and/or changes of ownership.Less room for negotiation (most are cash only, no due diligence, take it or leave it, close next week).More downside financial risk - with no inspections or due diligence, you better know what exactly what you're getting into, and/or be able to weather the inevitable surprises.Less recourse - in many cases, you're dealing with unlicensed individuals who have no regulatory authority policing them or enforcing rules that protect the consumer.MLSPros:More info available up front.Clearer chain of title and cleaner closing process.Everything is negotiable (price, closing date, due diligence period, financing options, etc).Less downside risk with availability of inspections and process for resolving inspection deficiencies.More recourse - agents are licensed and should be following legal and ethical guidelines.Cons:More competition (if buying) - The MLS is arguably the single best way to market a property for sale, and ensure the maximum number of eyeballs can find it if they are looking.
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15 May 2016 | 17 replies
I'm in a similar boat, @Filipe PereiraGraduated from architecture school, still unlicensed.
8 November 2021 | 8 replies
The OFR has mandated that they are looking to halt unlicensed activity (if they can, who knows), but they are also going to be auditing all licensed LO's and licensed lenders before the end of 2022.
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1 February 2015 | 4 replies
The lease with option to purchase works in many states, but there are at least 17 states it will not work in for an unlicensed lender.