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Updated almost 5 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Sun Kim
  • Investor
  • Dublin, CA
2
Votes |
8
Posts

Is it safer to sale your rental property as a non-realtor

Sun Kim
  • Investor
  • Dublin, CA
Posted

I am thinking about taking a Maryland sales agent realtor, but not becoming one. From what I've read it sounds like if I become a licensed realtor, I will have less recourse should something happen because I would be considered a licensed educated professional.

I have several properties in Maryland over time that I hope to do a 1031 exchange, and save on the commission on the sale.  One property will be fully depreciated in 5 years, so looking to do a 1031 to buy two or more properties and start over the depreciation.  the home is paid off.

Then use a buyers agent to buy a new rental property. I was thinking of doing one of those low fixed priced MLS listing service and selling as FSBO. Could you provide any advice on the best way forward.

Thank you.

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