From http://REItips.com - Whilst attending TN Real Estate Commission Meeting I was suddenly reminded that this real estate investing thing isn't always as "cut & dry" as we'd like to think. I was r...
From http://REItips.com - Whilst attending TN Real Estate Commission Meeting I was suddenly reminded that this real estate investing thing isn't always as "cut & dry" as we'd like to think. I was reminded of an important lesson every reale state investor should keep in mind.
Watch and learn. AND VISIT http://REItips.com for more tips like this...
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It requires a license in every State, but if you are employed by an Investor and one of your jobs is locating property because this Investor is just too busy to go out look at a home FSBO him/herself then you are working for him/her and you are considered to be doing your job,
and your boss should be giving you a pay check, before or after the transaction closes.
Most of the guys I worked with paid weekly pay checks but you did need to be locating at least 5 properties, also for sale by owner types will most likely not wish to deal with a Realtor at all because of the fees involved automatically, so not having a license can also get you into a home a bit faster then coming in with a Real Estate License..
exactly, in honolulu's code hrs 346 is says a realtor can only pay other realtors in another country, state, or a travel agency. i don't understand why the real estate inventment classes always talk about finding birddogs...
Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.
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working for him/her and you are considered to be doing your job,
Most of the guys I worked with paid weekly pay checks but you did need to be locating at least 5 properties, also for sale by owner types will most likely not wish to deal with a Realtor at all because of the fees involved automatically, so not having a license can also get you into a home a bit faster then coming in with a Real Estate License..
real estate license put you in more legal danger then it is worh