What contract would I need to help people sell their homes if I’m not a real estate agent?
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What contract would I need to help people sell their homes if I’m not a real estate agent?
I want to help sell peoples houses for them but I don’t have a license. I found I need a contract made up from the seller in order to do it legally and it would have to say they are hiring me to assist in the sale of their home/property. I want to know what contract that is and where to get it or can I do mine own up? I know that I can get sued by the real estate commission or whoever for selling without a license but if I had this contract it is a loop hole that allows me to do so. Should I speak with a real estate attorney? In Schuylkill County, PA.
Asked on September 11, 2010 under Real Estate Law, Pennsylvania
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
Yes, I would speak with an attorney in your area that is familiar with the real estate requirements for selling or assisting to sell homes. It would be best if this loop hole exists that you have an experienced party draw up your contracts. What would you be a "representative" of the seller in order to assist them is selling their home? Like a limited Power of Attorney? Would they assign you their right to sell the house on their own? Problem here I can see is if you charge a "commission" and are acting with the indicia of a broker. So make sure that however you do this - if you can do this -you follow a different path, so to speak, for fees, etc. Maybe hourly? Good luck.
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