Are you interested in getting started in real estate investing but not sure if you need to get your real estate license first or if it's necessary to get your foot in the door? Well, if so, keep reading because I will explain why I think it is unnecessary and why you actually shouldn't get your real estate license if you want to be a real estate investor. Hey, guys! It's Dhara, a real estate investor and entrepreneur from Atlanta, Georgia. As you saw in the introduction of this video, I frequently get asked the question, "Should I go to school and get my license first if I want to get started in real estate?" My answer is never a yes or no. I always want to know your goal. If your goal is to be a real estate investor, then no, it is not necessary to get your license first. In fact, you don't need any kind of schooling, license, or certification to be a real estate investor, landlord, or flip homes, which is what I do. Many people suggest that I should get my license since I'm already involved in real estate investing. They say it would be the cherry on top. But for me, it's not. I prefer to delegate. When I flip a house and want to sell it, I hire a realtor. They can handle the listing and get their commission. I don't care about getting that commission on the back end. This is what many people don't understand. They think I should get the money upfront, in the middle, and at the end. But I am okay with not having a license and here are my reasons why. First and foremost, I don't want to get dressed up every single day. I purposely left corporate America...
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Montana real estate commission Form: What You Should Know
Real estate agents are required by law to enter into such contracts. The purpose of the agreement is to establish the agent's authority and responsibilities in the sale and purchase of real estate. A Real Estate Agent Listing Agreement — eForms.pdf Board of Realty Regulations The Board of Realtors regulates the real estate agents' conduct in the sale, service, financing, and possession of real property. Board of Realtors.org. The Board of Realtors consists of the chairman and vice-chairmen, appointed by the Governor. The FOR is responsible for establishing rules that govern the profession of real estate agents in Montana. Board of Realtors.org. State statutes state that real property sellers shall comply with the Uniform Real Estate Terms and Conditions of Selling (Uniform TTC). That means a seller shall not mislead a purchaser or applicant as to the condition or quality of the property, the seller's ability to perform the obligations of the sale, or the seller's willingness to perform the obligations of the sale. State statutes also clarify that all parties may be held liable for violations of the Realtors Tenant and Lease Act. State statutes dictate that real estate agents shall not fail to make any entry in any required publication when required by the regulations of the FOR. State regulations clarify that real estate agents shall not engage in an unauthorized business activity. State regulations further clarify that real estate agents must make all required disclosures and provide to each subsequent purchaser of a property the required information on the transfer and purchase of the real property and any subsequent purchaser. Sellers: A real estate agent who is licensed according to the rules and regulations of the FOR is required to comply with the information requirements under section 10-4. Transfer and Purchase of Subdivision Licenses — forms Sellers must provide to each subsequent purchaser of a property the information required by section 10-4-104(3), 10-4-104(5), or 10-4-105.7(3) on the transfer and purchase of the real property. Sellers: Real estate agents are required to comply with information and information disclosure requirements under section 10-4.2-103(4), 10-4.2-103(5), or 10-4.2-103(6) on the transfer and purchase of a subdivision lease.
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