Why operate as an unlicensed broker?

Use professionals for help in your most important decisions.BTW--if you want to work as an unlicensed broker in Florida be sure and reach 475.

One of us thinks the lender must abide by usury laws and the other is sure that a private lender--especially unlicensed CA lenders--can do what they will as long as 2 seemingly savvy investors agree to it.

Now, when the property manager is hounding a tenant for late rent - is he/she operating as a property manager (not according to the lease, the judge might say), or an unlicensed/unauthorized/unregulated collection agency?

Are the lenders licensed or unlicensed?

this case has gone to full investigation ""530 Center Street NE, Suite 100, Salem, OR 97301State 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.

It's also legal to have an unlicensed person who works for you to manage YOUR property.

Cease and desist orders for unlicensed activity; civil penalty.

If you're unlicensed, it's very unlikely a big REO listing agent will give you the time of day (as Tom said).Just another reason to get your license if you buy REOs.Ken - Are you looking for listing agents or a buyers agent in Atlanta?

Originally posted by Wayne Brooks:That IS why it applies, you are Not licensed.And just to add to this, paying referrals from licensed individuals to unlicensed individuals is often a FEDERAL crime -- RESPA prohibits referrals to unlicensed people for any transactions it governs (any time there is the use financing from a federal entity, like FHA/HUD).So, even if your state allows it (a couple do in certain specific situations), it may still be illegal.