Can a Realtor with a current inactive license do a contract?

October 13, 2009 by · 6 Comments
Filed under: Blog 

I have made searches on the net and found out this realtor also made the contract for sale with a fake corp name, not such realtor corp, but a travel planner which is not existent. This realtor stated on contract to pay all concerning to the mobile home, such as lot, bank, taxes etc till the sale of the home. I found out he had no for sale sign on the lot for the home. He was renting without permission because the contract only stated for sale. This realtor stopped paying for two months (being almost $2,000.00 past due) and I got an eviction sommons having to go to court, I can’t pay, so I was advised by the bank to do a voluntary repo. which I did, now the bank had a private sale and sold it for $17,000.00 where the loan was still for 54,000.00 and wants to get the rest of the money from me, can someone help me please; give me some advise.

I think what you mean is just an inactive license, the answer to that question is Only for property that he owns, the question that you should be looking at is if he is an inactive agent or an inactive broker.
A real estate agent can not legally sell property unless he has a broker behind him, all real estate offices have someone that is a licensed broker.
An unlicensed broker can not legally sell any property until his license is active.

Check with you local/state real estate broker board and find out who and what this person is, you may have a basis for a law suit.

Edit Note to Mary B:
Maybe where you live, but in California you still have to be a licensed broker or an agent for a broker to sell mobile homes.
In fact, they use exactly the same paper work.

Comments

6 Responses to “Can a Realtor with a current inactive license do a contract?”
  1. profit says:

    get a loan and pay the rest off
    References :

  2. Timmy C says:

    I would seek the advice of an attourney and press charges on the so called realtor
    References :

  3. SpaceCase says:

    hire a lawyer and take the realtor to court. In my opinion what this person did was indeed illegal. you would need significant proof of this through documentation. Also the law really varies state to state so it might be difficult to get an accurate answer on here. I would suggest getting the bank, the county and the better business bureau involved as well. You might still get stuck with the final bill for the home which sucks but is the truth. I reall hope things work out for you.
    References :

  4. justgetitright says:

    I think what you mean is just an inactive license, the answer to that question is Only for property that he owns, the question that you should be looking at is if he is an inactive agent or an inactive broker.
    A real estate agent can not legally sell property unless he has a broker behind him, all real estate offices have someone that is a licensed broker.
    An unlicensed broker can not legally sell any property until his license is active.

    Check with you local/state real estate broker board and find out who and what this person is, you may have a basis for a law suit.

    Edit Note to Mary B:
    Maybe where you live, but in California you still have to be a licensed broker or an agent for a broker to sell mobile homes.
    In fact, they use exactly the same paper work.
    References :

  5. Mary B says:

    If it was a TRAILER aka manufactured home…then a Real Estate License IS NOT REQUIRED.

    Trailers are considered PERSONAL PROPERTY not real estate.

    Since the lot was not included, then no license was needed.
    References :

  6. TheMom says:

    Mobile homes are not real estate. They do not fall under those laws. They are treated as motor vehicles and sold the same way (they is why you register them with the DMV). You do not need a real estate license to sell them.

    You borrowed 54k from the bank and you spent it. You need to talk to them about a payment plan for the remainder that you owe.
    References :

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