Selling Real Estate Without a License
Selling real estate seems simple enough. Someone wants to sell their house. You know a few people who would be interested. You agree to act as a broker between everyone. Considering that people sell houses as “for sale by owner” all the time, what can possibly go wrong.
Yes, it’s possible that this could turn into a good deal for everyone, it can also go horribly sideways. While state laws do allow you to sell your house without the aid of a real estate agent, you’re not allowed to step in and act as a broker for another person unless you’ve been properly licensed by the state.
Getting a real estate license in California isn’t necessarily difficult, but it does require some commitment on your part. The state real estate board wants proof that you clearly understand the ins and outs of real estate law.
The State of California won’t issue a real estate license to you until you’ve:
- Completed a specified real estate course
- Passed a written exam
- Undergone a thorough state background check
28 December, 2020
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