Do You Need A Real Estate License To Flip Houses In California

 Camila Farah    

 
Secret To Flipping Houses Freedom Mentor

So technically you can skip the state exam that aspiring agents have to take on your way to becoming chip and joanna gaines though they are both realtors by the way.

You should get a real estate license to flip houses only if the advantages make sense for you and your house flipping business. In most cases the answer is no. You don t need any real estate license to buy and or sell houses for yourself. You do need a r e.

Get your real estate license. I became an appraiser and andrea got her real estate license and we spent a few years working and learning the industry. However it is not necessary to have a real estate license to flip houses professionally and should be a decision made on a case to case basis. After 2 years of building our business and landing contracts with venues like mile high stadium and the world arena we decided to sell the company and move back to california to pursue our real passion real estate.

You don t technically need your real estate license to become a house flipper but it s still a good idea. Taking the required real estate courses and passing the exam can be done in just a few months if you have time to make it a focus. Certified specialist in u s. If house flipping is something you see yourself doing more than once a year being your own real estate agent could be the best option.

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Broker s license however to do so for others. You don t need your real estate license to become a house flipper but it s a good idea to get your real estate license because it will open up more opportunities for you throughout the process. For instance you may be able to save money by hiring workers directly instead of hiring a contractor and their team. As riverside criminal defense attorney michael scafiddi 2 explains because there is a fine line between legal property flipping and illegal criminal property flipping it is critical to seek representation from a lawyer who is experienced with california s real estate fraud laws.

Fluent in 7 languages. Real estate brokerage is an activity regulated by states on their own terms thus each state defines which activities require a license. There is a lot of vagueness and ambiguity in some of the state licensing codes as well as gray areas which complicate the matter. Immigration nationality law the state bar of california board.

After doing some research on your local laws if you discover that you are not required to have a contractor s license to flip houses there may still be good reasons to get one anyway. Studying for a real estate license tests lays a great foundation for house flippers of all the details vocabulary and forms needed to buy and sell a home. If my answer is the best answer and or helpful please mark it accordingly.

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Secret To Flipping Houses Freedom Mentor

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