HI Roxanne,It is true you need to be in the business for 2 years but no one talks about the details about how that is documented which is either by:- Looking up CA BRE website consumer licensee information which will show how long you've been licensed- CPA letter to sign/date on you being self employed for 2 + years or 5+ years if you're using Freddie Mac's program since Freddie specifically wants 5+ years to use 1 year tax return- or another third party to verify you've been SE (self employed) like business licenses, attorney's, other auditor or licensesWith regards to income like others have mentioned you can use 1 year tax return to base your monthly qualifying income off of.Freddie mac, like mentioned above is a a conventional financing option but the downside with Freddie is they want 5 years in the business as documented with one of the options above.

And I must also provide a disclosure of self-represented agent licensee and financial interest. 

For instance West Virginia has a reciprocal agreement with Virginia....but will refuse to issue a license to a Virginia licensee that lives outside Virginia, even though no law or regulation states that they can or will do that.

The exemption is never extended to real estate licensees or professionals.Also while the exemption applies, it does not necessarily protect you from civil liability, as there have been a number of lawsuits in the last few years against AirBnB and its host regarding the Mrs Murphy exemption.

If you mean playing the assignment game without being a FL licensee that is NOT legal.

So if you are new licensee and you are called a broker such a some states do then I cannot give you good advice on what route to take.

He was advertising properties he did not own, and was not a licensee.

@John Bruccoliere This will depend on your state, In California where I'm originally from, a non-licensee can collect a "Referral or Finders fee" for the introduction.

A licensee of the Board shall comply with the Board's regulations, notwithstanding the fact that the licensee would be otherwise exempt from licensure under subsection A."

Do any of the licensee's out there do any marketing for distressed, off-market sellers?