Do I need a license to negotiate short sales in Florida?

Do I need a license to negotiate short sales in Florida?

Banker · Member since 2010 · 2 posts · 0 votes

Can someone help me with this question or pass me on to the site where I can find the answer.

Thanks

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Real Estate Investor · Ocala, FL · Member since 2008 · 742 posts · 463 votes
16y

You COULD be possible breaking a law. If you intend on negotiating Short Sales in Florida, you need to have a talk with an Attorney that specializes in Real Estate Law. Tell the attorney everything you "want" to do and how you plan on doing it. The attorney will be the ONLY person that can tell you if you are doing anything illegal.

Hope this helps, even though it is not the answer you were looking for.

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  • Real Estate Agent · Jacksonville, FL · Member since 2009 · 100 posts · 39 votes
    16y

    To negotiate Short Sales in Florida you would either have to be a Real Estate Agent or a Mortgage Broker.

  • Real Estate Investor · Ocala, FL · Member since 2008 · 742 posts · 463 votes
    16y

    You COULD be possible breaking a law. If you intend on negotiating Short Sales in Florida, you need to have a talk with an Attorney that specializes in Real Estate Law. Tell the attorney everything you "want" to do and how you plan on doing it. The attorney will be the ONLY person that can tell you if you are doing anything illegal.

    Hope this helps, even though it is not the answer you were looking for.

  • Real Estate Agent · Jacksonville, FL · Member since 2009 · 100 posts · 39 votes
    16y
    Originally posted by crosswind_:
    You COULD be possible breaking a law. If you intend on negotiating Short Sales in Florida, you need to have a talk with an Attorney that specializes in Real Estate Law. Tell the attorney everything you "want" to do and how you plan on doing it. The attorney will be the ONLY person that can tell you if you are doing anything illegal.

    Hope this helps, even though it is not the answer you were looking for.



    Guess I didn't state, I'm not an Attorney. I've gone over this with my Attorney in depth. There are several grey areas in Florida, but I would not even test them.

    p.s. An Attorney could also negotiate third party debt, but as crosswind stated. I would definitely seek legal counsel.

  • Banker · Member since 2010 · 2 posts · 0 votes
    16y

    Thanks for the advice, Guess its time to get my license.

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