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Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
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Unlicensed agents being charged in court

Jay Hinrichs#2 All Forums Contributor
  • Real Estate Broker
  • Lake Oswego OR Summerlin, NV
Posted Oct 8 2014, 15:49

http://www.straitstimes.com/news/business/property/story/woman-charged-marketing-foreign-properties-without-licence-20140521

As many may know there is a huge sales effort over seas to sell US turn Key properties. And many if not most of those marketing the properties are no licensed. And in some instances they do not need licenses.  However not the case in this country...

I can see the same thing here in the US with all the flipping... by unlicensed folks getting paid off of the huds for marketing fee's etc.  Just like the Gov came down on the mortgage industry with Dodd Frank  it may be only a matter of time until states other than Ohio and Florida start to crack down on un licensed activity.

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