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Buying or Selling a Home/Do I need a license?
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Question
If a homeowner gives me Power of Attorney to sell his property, do I still need a Real Estate License?
Hello-
This is an excellent question. You haven't told me what state your in, but according to MA laws, I know that a home owner can sell their own home without a license. I would think that ultimately the power of attorney means that the owner himself is selling the property, so I would think this would be legal. However, I would recommend that you talk to a real estate attorney, or other legal rep, as I also think that such a situation could leave you open to numerous legal issues, including disclosure issues, advertising issues, and others. If you intend to collect commission through this process, than I think it would be reasonable for the state to feel that you are operating as an unlicensed real estate broker, and that could cause everyone problems.
Best of Luck
Matt Heisler
matt heisler
matt.heisler@heislerandmattson.com
http://www.bjheisler.com
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Matt Heisler
Expertise
I can answer questions about buying or selling your home, and questions about the market in Massachusetts, with detailed answers if you ask about my specific area in Mass, Metrowest. I can help with Investment property and the basics of financing. How to construct deals and how to find bargains and how to protect capital. Land, home sales, rehabs, fix and flips, income property are places where I could be able to assist you. I can also answer basic questions about foreclosure, short-sales, 1031 exchanges, and basic questions about how the economy and credit markets are functioning and how that affects you.
Experience
My company sells residential real estate in Metrowest, and we have had a been selling real estate in the area for 20 years. My Blog can be read at Real Estate Sales in Massachusetts
Organizations
Southborogh Rotary
Education/Credentials
Vanderbilt University BA
Past/Present Clients
My client list is private.
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