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Michele Whit…, Real Estate Pro in Houston, TX

Do you have to be licensed to negotiate a Short Sale in Texas?

Asked by Michele Whitley, Houston, TX Tue Apr 2, 2013

I am a real estate agent who would like to hire an assistant to negotiate with the bank on short sales, does she need to be licensed?

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Any negotiations, be they short sales, foreclosures or conventional purchases must be conducted by licensed agents. I would check with all sources listed by the others who've responded ... but I can guarantee that a non-licensed assistant cannot be an active participant in the sales process.
1 vote Thank Flag Link Tue Apr 2, 2013
Any negotiation of price has to be done by a licensed real estate agent. You will want to address these questions with your broker or TREC yourself to get more detailed information on what a non-licensed assistant can and cannot do on your behalf.

_____________________________________________________
Don Groff | REALTOR® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | listings@dongroff.com
websites: http://www.AustinListed.com | http://www.360LendingGroup.com
1 vote Thank Flag Link Tue Apr 2, 2013
Everything in Real Estate is pretty much regulated by Trec. Please visit their website for confirmation.
0 votes Thank Flag Link Tue Apr 2, 2013
Michelle,

You might want to call the TAR hotline

Legal hotline - 800/873-9155

Mark McNitt
m 832-567-4357
Bernstein Realty, Inc.
0 votes Thank Flag Link Tue Apr 2, 2013
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