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Updated almost 9 years ago on . Most recent reply

User Stats

170
Posts
11
Votes
James W.
  • Jersey City, NJ
11
Votes |
170
Posts

License in NJ to Buy/ Sell own properties.

James W.
  • Jersey City, NJ
Posted

Hi -

I am trying to get a license in NJ.

I've read it needs a 75 hour classroom course.

It doesn't sound too bad,

Before i go sign up - a few questions, appreciate your inputs very much.

1 - This is mainly to buy and sell properties for myself.

Is this the right course - Sales Person Licensure

Or do i need a Broker License.

2- Can I represent myself as Buyer's Agent for myself?

3 - Can I make an offer and buy the property that I was a Buyer's Agent for myself?

Or do I need to float a company/ LLC to differentiate me (as buyer) from me (as agent).

4 - Do I get buy side commission on this?

5 - Can I sell this property that I own now as Seller's Agent, and represent myself?

Or do I need to float a company/ LLC to differentiate me (as seller) from me (as agent).

6 - When selling, can i offer 1-2% for Buy side agents?

Lastly - when I do take the classes and pass the exam - 

1 - Can I go to Weichert and Coldwell and they'll register me with them?

Are they obligated to? Why wont they?

2 - Give me MLS access to buy and sell, and list?

Thanks.

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