Wednesday, February 5, 2014

I want a friend who’s Real Estate License has expired to represent me as an agent, but no Realtors are willing to help me find a home? What is going on?


Hi Jean,

Thanks for the question.

So to answer your question. You want a Realtor® to search the market for a suitable home, Make appointments, provide you with current data and advise you on the market and what you should pay for a home, write the contract and have your friend receive the commission?

First of all your friend can not receive commission from a real estate transaction because he/she are not licensed. If they have an interest in participating in real estate transactions such as yours here is my advice:

You should suggest to your friend that they reinstate their license. Then they would be able to refer you to a licenses, practicing Realtor® and ask for a referral fee. That way your friend generates some funds for referring his excellent client and the Realtor® actually doing the work and assuming all of the responsibility and liabilities, that go with that work, gets paid for their service to you. A win win situation for everyone.

Please feel free to give me a call if you need more info.

Regards,

Bob Kenney, Realtor®

Mobile/Text: 512-922-4922

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