DonMacGregor
Sub Leader
- Joined
- May 13, 2021
- Messages
- 6,548
I was told specifically that my current guide, who is not licensed in California, could not sell me any product anywhere until he was licensed in California. I was transferred to a California-licensed guide. Don't know what else to tell you, unless he was just tired of making easy money, and it didn't matter to me who sold it, so I didn't pursue it any further. The guide I was transferred to confirmed the why and what for.Why, as a CA resident, did you need to use a CA broker, when you were already working with a FL broker? And more importantly, how?
I've been a broker (licensed in IL) for almost 20 years, and have never heard about something like that. A broker has to be licensed in the state to sell property in that state; otherwise, they can collect a referral fee from the referring (i.e., out-of-state) broker.