One of the most important things they strain is to know the law and to know your rights.

I can't build the graphic in this box because I don't have drawing tools but think of a golden triangle ( no jokes you hippies and other Thailand tourists) The base is ETHICS one side is $$ and the other side is LAW.

Whatever is safest for you in your state according to its laws.

Depending on the RE laws in NJ, they have to submit it to the seller.

I did not advertise mine as “will be sold to highest bidder,†but rather, “will be OFFERED to best bidder†I made it very clear that there was a reserve price (in accordance w/state law)that unless specifically noted that there is no reserve, there is a reserve.Ofgift

The laws of your state will be a large factor and a lawyer can give you the best indication of your chances in the courtroom.

also I am a agent, not broker, I looked into the laws and it seems as though as long as I have a sales license I can manage others properties.

I am aware that new real estate laws have been passed regarding many aspects of real estate.

Recently some states have passed very strict foreclosure laws (Maryland) where you can't use the word foreclosure in your advertising, etc.

State laws can be very specific in this area, as they are in PA.According to our Landlord and Tenant Act of 1951, "No landlord may require a sum in excess of two months' rent to be deposited in escrow..."