Do You Need A Real Estate License To Wholesale In Missouri
Camila Farah
Read on to learn about the five steps you ll need to complete before starting your career in missouri real estate.
Complete your pre licensing education first time licensee candidates are required to take and pass two pre licensing courses 48 hour missouri salesperson pre examination course must be completed before the licensing exam. It is not necessary to be a licensed real estate agent to wholesale real estate. Missouri real estate license requirements exam. When you wholesale a property as a real estate agent do you have to use the 15 page book as a contract or are you able to use a simpler one or two page purchase contract followed by an again simple assignment contract.
You must submit your application for license to the missouri real estate commission within six months of the date of your 48 hour pre examination course completion. When done as a business practice wholesaling will now come under rela s enforcement provisions and the wholesaler will need a real estate broker s license as well as be subject to consumer protection provisions such as disclosure of self interest and prohibition against dual agency. The answer is simple. To obtain a missouri salesperson real estate license candidates must complete the following steps.
You don t need any real estate license to buy and or sell houses for yourself. You do need a r e. The con 3 was an eye opener to me. Successfully pass the salesperson exam.
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Fluent in 7 languages. Whereas a real estate agent represents one or both parties to earn a fee a wholesaler on the other hand exercises the rights to either assign a legal purchase contract or sell their own property. After you have met the eligibility requirements and passed the examination you may apply for your real estate salesperson s or broker s license. It states that any of the following require a real estate license.
Real estate sales associates in missouri who are ready to take the next step in their real estate careers can begin the process of becoming a licensed real estate broker by completing the state s requirements for licensure. If my answer is the best answer and or helpful please mark it accordingly. Getting your missouri real estate license might seem daunting but we re here to guide you through the process.
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