HIRING Property Scouts, Finders, & Licensees (Stockton)

HIRING Property Scouts, Finders, & Licensees (Stockton)

17 Sep 2024
California, Stockton 00000 Stockton USA

HIRING Property Scouts, Finders, & Licensees (Stockton)

Vacancy expired!

Those with a desire to enter the real estate profession — aspiring agents — do not need to be licensed by the DRE so long as their conduct with members of the public remains limited to that of a property scout & finder. Property Scouts & Finders are not controlled by DRE law and regulations — rather, they are control by California law. Thus, they are not real estate licensees — they are unlicensed agents-in-training. An unlicensed property scout & finder on behalf of a broker or agent, may:

be recruited and immediately hired under a written contract of employment;

begin work locating and introducing transaction participants who need real estate services to licensees at the brokerage office, functioning as a "runner" or "gopher" while bonding with the brokerage office as part of the team; study and train to be licensed by enrolling in the three DRE-approved statutory pre-licensing courses needed to qualify for the salesperson exam while getting practical experience; pass the state exam once it is made available in sufficient volume by the DRE;

The formula is deceptively simple: — work — study — license — promote - STICK TO LIMITATIONS OR GET FIRED

Finder referrals and limitations finder in California may:

find and introduce parties;

solicit parties for referral to others; and

be employed by principals or brokers.

However, a finder may not:

take part in any negotiations

discuss the price;

discuss the property; or

discuss the terms or conditions of the transaction.

The Finder's Fee Agreement published continuously since 1978 by RPI is used by a broker, broker-associate or agent when they employ an individual to locate, solicit and refer or identify persons who need the services of the broker, to document the terms of the employment.

The Finder's Fee Agreement provides for:

the identity of the prospective client;

a description of the real estate involved, if applicable;

the compensation due the finder; and

the conditions under which the referral fee is earned by the finder.

Related jobs

Job Details

Jocancy Online Job Portal by jobSearchi.