Thanks,but there is no financial benefit to the potential buyer when we compare  'with agent' vs 'with no agent',  also this law does not make sense in my opinion at least to the buyer, even in the case where a potential buyer goes with an agent - the signing of the documents(like seller's property disclosure & exclusive buyer agency/agent contract) even before touring the home does not make sense, the signing of the documents(like seller's property disclosure & exclusive buyer agency/agent contract(in this one , it is mentioned "Buyer will not enter into Buyer Agency Contract with another broker/licensee that begins before the Ending Date of this Contract.")) logically COULD ALSO BE done after touring the home and potential buyer decides to buy the home.

Only about 60-70% of licensees are members of NAR.

Virtually every state licensing commission doesn't allow licensees to wholesale.

Hello Juan, Im a licensee B, C15, C33 contractor in the Bay Area since 1976.

The Commission however only has power to discipline, fine, and recommend prosecutions against licensees, so they had no power to do anything against the unlicensed.

Main part as a licensee is disclosing license status and whatever state law requires with that specifically.

A licensee has infinite more liability than a lay person.

GF could record a big second trust deed to her own Living Trust which would stop any future second or HELOC as they have to order a payoff, licensee needs to help with this.

So without the MLS/Compensation being offered, really all we are doing differently then is taking our off MLS procedures and applying them to on MLS deals now.With the decrease is licensee count, we have seen average commissions generally rising.

Real estate licensees and brokerages carry errors & omissions insurance to cover liabilities created against them because of mistakes they make doing their job.