Yes, it’s possible to jump right into the real estate industry and be your own boss— no experience or licensing necessary in many states ! Be sure and consult with your local real estate attorney so that you are in compliance with your state’s real estate laws. The sky’s the limit when it comes to your annual earnings.
Which of the following constitutes engaging in professional real estate activity as defined by Oregon law?
Which of the following constitutes engaging in professional real estate activity as defined by Oregon law? A person who, for a fee, rents real estate owned by others to the public & A person who, for a fee, assists owners only in procuring prospective tenants for the owners’ rental property.
Who of the following is required by Oregon law to have a real estate license?
Who of the following is required by Oregon law to have a real estate license? A woman who receives a finders’ fee for soliciting buyers for her sister , who is licensed.
Which of the following type of discrimination in the sale of real estate is prohibited by Oregon statute?
Title VIII of the Civil Rights Act of 1968 and the amendments prohibit discrimination in any aspect relating to the sale, rental, finance, advertisement, and brokerage of housing based on race, color, religion, sex, national origin, familial status and physical and mental disability.
Which of the following is a task an unlicensed person can legally perform?
According to the policy, unlicensed assistants may perform the following activities: Answer the phone and forward calls to licensee . ... Write and prepare ads (with review of licensee), flyers and promotional materials and place such advertising. Record and deposit earnest money and other trust funds.
Who are exempt from the real estate licensing education requirements in California?
70/30 Continuing Education Exemption. , real estate licensees who submit satisfactory evidence to the Commissioner that they are 70 years of age or older and have been “licensees in good standing” for 30 continuous years in California are exempt from the continuing education requirements for license renewal.
Which of the following activities is a licensed salesperson allowed to engage in?
Which of the following activities is a licensed salesperson allowed to engage in? Accept a listing that is in an associate’s name. Accept a commission directly from the MLS. Offer a property for lease on behalf of the employing broker.
What is the difference between a realtor and a real estate agent?
Real estate agents have a professional license to help people buy, sell, and rent real estate. ... A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR). Members must comply with NAR’s strict Code of Ethics.
How can I get into real estate with no money?
- Purchase Money Mortgage/Seller Financing. ...
- Investing In Real Estate Through Lease Option. ...
- Hard Money Lenders. ...
- Microloans. ...
- Forming Partnerships to Invest in Real Estate With Little Money. ...
- Home Equity Loans. ...
- Trade Houses. ...
- Special US Govt.
What is the salary for real estate agents?
The median annual pay for real estate agents was $48,930 in 2019 , according to the most recent data available from the U.S Bureau of Labor Statistics.
Which of the following is an act an unlicensed associate Cannot legally perform?
The unlicensed associate cannot represent him/herself as being a licensed broker or as someone who can legally engage in buying, selling, exchanging, renting, leasing, managing, auctioning, or dealing with options on any real estate for others.
How do I get MLS access as an unlicensed assistant?
MLS Access for Unlicensed Assistants: Unlicensed assistants must submit a TMLS Subscriber Agreement along with an Administrative Assistant Authorization Form signed by the Broker-in-Charge and then complete MLS System training (Paragon) online within 30 days.
Which of the following tasks can an unlicensed personal assistant perform quizlet?
– assistants can be licenses or unlicensed. – Unlicensed assistant – secretaries, help with tasks that are purely administrative -directing phone calls, filing documents , preparing certain documents, creating newsletters, maintaining a client database.
What is the fastest way to get a real estate license in California?
The fastest way to get your real estate license is through an online program . In California, all students are required to spend at least 54 hours in an accredited real estate program, per the DRE.
Do real estate courses expire in California?
A: If you completed a full-semester (or equivalent) Real Estate Principles course in college, no matter how long ago, or a Real Estate Principles course from a private vocational school in California, You will not need to re-take the course as the certificate of completion is valid forever .
How long does it take to get a real estate license in CA?
Because of mandatory education wait periods, the whole process from education to license in hand can take approximately five to six months . What are the basic steps involved in getting my real estate license in California? You must be at least 18 years old. Register for and complete 135 hours of required education.
