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If I take care of the marketing aspects of an investment…

If I take care of...
If I take care of the marketing aspects of an investment fund with the following structure, do *I also* need a real-estate licence?- Fund manager is a licensed Florida real-estate salesperson- He works under a well-known brokerage.- Properties will be sourced and sold by his real estate company.
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Answered in 4 days by:
3/14/2018
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Customer reply replied 3 months ago
Hi Gina,Yes please: an answer would still be great.
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JudgeLaw
JudgeLaw, Attorney/Hearing Officer
Category: FL Real Estate
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It sounds as if you are an investment manager in this, not a real estate broker or sales agent. So, if you are managing the investment fund and not receiving a commission on the sale of the real estate or performing other real estate brokerage services on behalf of the fund, you would not need a real estate license.

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Customer reply replied 3 months ago
That describes it pretty well it seems to me.I'm just finding the investors in this scenario.Are you saying though that, if I were to find a few properties myself and sell those on to an investor, I would indeed need a real estate license please?
Customer reply replied 3 months ago
Hello again,
Not sure you saw this after I rated you?19 March 2018 11:35That describes it pretty well it seems to me.I'm just finding the investors in this scenario.Are you saying though that, if I were to find a few properties myself and sell those on to an investor, I would indeed need a real estate license please?

If you are selling your own property, as an owner, then you do not need a real estate license. If you are selling property for a commission on behalf of a third party then no real estate license is required.

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Customer reply replied 3 months ago
Thank you for clarifying.

You are very welcome.

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