Which States require a real estate license to broker for commission multifamily housing >4?

In Selling Property - Asked by Steven R. - Sep 25, 2012
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Answer(s)

Chris R.
Broker/Agent
Denton, TX

I would think all states require such a license but I am not familar with the real estate laws of all 50 states. Texas requires it.

Sep 26, 2012
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Rob B.
Chandler, AZ

Steven....
I provided an answer to your question. With it, I provided my new website wrongly. The proper reference to the website will be with this answer.
Thanks,
Rob Baird

Sep 28, 2012
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J. David F.
Broker/Agent
Brentwood, TN

All states require a real estate license to broker any real estate transaction, for the state wherein the transaction occurs whether paid a commission or not. Also required is an E & O policy. Licensed brokerage firms are paid the commission, and the owner/broker of record pays the agent their share of the commission. It is typically forbidden to pay an agent outside of their brokerage firm.

Oct 7, 2012
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Monica M.
Owner/Investor
Valencia, CA

Whenever getting a commission from a sale of a property anywhere in the United States you'll need to have a real estate license. You'll have to check out the state you are referring to by doing a Google search to be certain.

Nov 1, 2012
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Joe L.
Broker/Agent
Dallas, TX

If you meant "real estate license IN THAT STATE", it depends upon the laws of the property's and/or broker's state. Some states have special provisions for when out-of-state-brokers can participate in in-state commissions. Check your local real estate statutes.

Jun 5, 2014
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