Broker license?

**Prince** · 06-17-2009, 09:57 AM

Is anyone here a broker or have their license? I am interested in obtaining one so I don't have to rely on a broker for buying/selling properties and I was wondering the best way to go about it, any recommended schools for licensing?

nkira · 06-17-2009, 11:15 AM

Here in my country we just buy &/or sell, do the legal paperwork (transfer of ownership) & we release press release that I/We are buying such n such property, if there's no objection within the prescribed time we are good to go. Later we sell if off for profits.

If there is any middle man involved in the deal he just gets his percentage, the money he gets is usually in cash....if his firm is registered then he accepts only cheque.

Here we don't need any license for selling or buying properties, at least for individuals.

**Prince** · 06-17-2009, 11:50 AM

thanks, but that does really help much, things are done a bit differently in the US.

**Dale Mabry** · 06-17-2009, 01:01 PM

Quote:

Originally Posted by nkira

Here in my country we just buy &/or sell, do the legal paperwork (transfer of ownership) & we release press release that I/We are buying such n such property, if there's no objection within the prescribed time we are good to go. Later we sell if off for profits.

If there is any middle man involved in the deal he just gets his percentage, the money he gets is usually in cash....if his firm is registered then he accepts only cheque.

Here we don't need any license for selling or buying properties, at least for individuals.

Casadonians...Why bother?

nkira · 06-17-2009, 01:30 PM

**Dale Mabry** · 06-17-2009, 01:45 PM

It's from Role Models, I was implying that the land you come from is the one they were using when they were LARPing.

Uba · 06-17-2009, 04:16 PM

I am a Realtor, at the office I work at they offered all the classes I needed. Are you trying to get your Sales Person Liscence or a Broker's License??

**Prince** · 06-17-2009, 05:42 PM

Quote:

Originally Posted by Uba

I am a Realtor, at the office I work at they offered all the classes I needed. Are you trying to get your Sales Person Liscence or a Broker's License??

broker's license (that is in the tile of my thread)

Uba · 06-17-2009, 08:05 PM

Ahaha

You will need your Sales Person Lisence first, Practice for 2 years than you will be elgible to take the brokers test.

Meen while those 2 years pass, you can take the 9 classes required to take the test. I think it's 10 classes now, not 100% sure.

It sounds like a lot but it really isint.

Best dicision I ever made.

let me know if you have any more questions.

**Prince** · 06-17-2009, 08:19 PM

Quote:

Originally Posted by Uba

Ahaha

You will need your Sales Person Lisence first, Practice for 2 years than you will be elgible to take the brokers test.

Meen while those 2 years pass, you can take the 9 classes required to take the test. I think it's 10 classes now, not 100% sure.

It sounds like a lot but it really isint.

Best dicision I ever made.

let me know if you have any more questions.

I read on the Colorado government real estate website that a 4 year degree substitutes for the 2 year salesperson requirement?

Big Smoothy · 06-18-2009, 03:37 PM

Prince

This is a very good forum that I'll provide the link to below. Very season RE investors, agents and brokers can give you top-quality advice. I've been reading this place for 5+ years.

Some people actually think it's better for you not to get a broker's licesn or agent license if you're investing (buying, selling, etc) because ther are certain legal conditions that you must follow if you're licensed.

The forum is called: reiclub.com

Here is a direct link to the forum. These people know what they re talking about:

Link: Real Estate Investing Forums - Index

06-17-2009, 09:57 AM	#1
Prince IronMagLabs Owner Administrator Join Date: Nov 2000 Location: Colorado Posts: 37,394 Photos: 356	Broker license? Is anyone here a broker or have their license? I am interested in obtaining one so I don't have to rely on a broker for buying/selling properties and I was wondering the best way to go about it, any recommended schools for licensing? IronMagLabs 1-ANDRO Rx Pro-Hormone - BUY 2 GET 1 FREE SPECIAL! BOARD SPONSORS: MassNutrition.com - Discount Supplement Superstore AlltheWhey.com - Bulk Protein Powders CEMProducts.com - Research Chemicals & Supplements MusclesProd.com - Steroids, Bodybuilding, Fitness & Training Blog. Maximizer.com - Maximizer Strength for Maximum Performance Befriend on Myspace Follow on Twitter

06-17-2009, 11:50 AM	#3
Prince IronMagLabs Owner Administrator Join Date: Nov 2000 Location: Colorado Posts: 37,394 Photos: 356	thanks, but that does really help much, things are done a bit differently in the US. IronMagLabs 1-ANDRO Rx Pro-Hormone - BUY 2 GET 1 FREE SPECIAL! BOARD SPONSORS: MassNutrition.com - Discount Supplement Superstore AlltheWhey.com - Bulk Protein Powders CEMProducts.com - Research Chemicals & Supplements MusclesProd.com - Steroids, Bodybuilding, Fitness & Training Blog. Maximizer.com - Maximizer Strength for Maximum Performance Befriend on Myspace Follow on Twitter

06-17-2009, 01:45 PM	#6
Dale Mabry Moderator Moderator Join Date: May 2003 Location: Elsewhere Posts: 14,335 Photos: 10	It's from Role Models, I was implying that the land you come from is the one they were using when they were LARPing. If sense were common, everyone would have it. 4/2007-Current 75th Ranked most popular image 1 spot behind Prince's bulge...

06-18-2009, 03:37 PM	#11
Big Smoothy Windy City Elite Member Join Date: Jan 2004 Location: Chicago Posts: 3,266	Prince This is a very good forum that I'll provide the link to below. Very season RE investors, agents and brokers can give you top-quality advice. I've been reading this place for 5+ years. Some people actually think it's better for you not to get a broker's licesn or agent license if you're investing (buying, selling, etc) because ther are certain legal conditions that you must follow if you're licensed. The forum is called: reiclub.com Here is a direct link to the forum. These people know what they re talking about: Link: Real Estate Investing Forums - Index Military men are dumb, stupid animals, to be used as pawns for foreign policy – Henry Kissinger (January-February 2003 edition of Eagle Newsletter)

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06-17-2009, 04:16 PM	#7
Uba Numero #1 Join Date: Apr 2009 Location: Southern California Posts: 67	I am a Realtor, at the office I work at they offered all the classes I needed. Are you trying to get your Sales Person Liscence or a Broker's License??

06-17-2009, 08:05 PM	#9
Uba Numero #1 Join Date: Apr 2009 Location: Southern California Posts: 67	Ahaha You will need your Sales Person Lisence first, Practice for 2 years than you will be elgible to take the brokers test. Meen while those 2 years pass, you can take the 9 classes required to take the test. I think it's 10 classes now, not 100% sure. It sounds like a lot but it really isint. Best dicision I ever made. let me know if you have any more questions.