Alex in Arizona, besides insurance & equipment, do you need a license? I only got my EIN, is that good enough? to start Foreclosure/REO

Asked by Alex, Phoenix, AZ Sun Aug 26, 2012

trashouts.THX

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Ann Ryan, Agent, Doral, FL
Mon Aug 27, 2012
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Alex, it's probably better right now to get into regular property maintenance than foreclosure trashout. That industry is already well-established, and it would be difficult to get your foot in the door unless you have an inside connection to one of the bank's property managers.
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Lynn Brock, Agent, Sarasota, FL
Mon Aug 27, 2012
Alex, if you will be conducting real estate business in Florida, then yes you will need a license. If you are currently a broker, you can contact the Florida Dept. of Business and Professional Regulations along with the Division of Real Estate. With a letter in good standing from the State of Arizona, and transcripts of courses taken for your Arizona license you could find out if the State of Florida will allow you to "challenge" the Florida broker exam meeting all of the state of Florida licensing criteria.

If you are a licensed Arizona saleperson, I believe you will have to go through the Florida salesperson licensing process. If you have an Arizona four year degree in real estate, you can check with the State of Florida licensing board and see if any of your previous course work could be transferred/accepted.

Florida has licensing receprocity with Alabama, Arkansas, Connecticut, Georgia, Indiana, Mississippi, Tennessee, Nebraska, and Oklahoma.

Good luck

Lynn Brock
Brock Realty, Inc
941.313.1234
http://www.brockrealty-inc.com
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Brian McGree…, Agent, Sarasota, FL
Mon Aug 27, 2012
Alex,

Have no idea how it works in Arizona because real estate laws are different from state to state. However, in Florida you must have a real estate license or be an attorney to receive money from the sale of real estate for someone other than yourself.

BRIAN A. MCGREEVY
Broker/Owner, REALTOR, MBA, GRI, ABR, SRES, RRS, AHWD
2007, 2008, 2009, 2010 & 2011 Five Star Award Winner- Best in Client Satisfaction
Sarasota Home Realty
2100 Constitution Boulevard
Sarasota, FL 34231

Website: http://www.SarasotaHomeRealty.com
E-mail: SarasotaReal@gmail.com
Phone: (941) 544-6763 FAX: (941) 866-7588
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