I want to sell real estate in my home state of Illinois WITHOUT a regulatory license. A quick internet search tells me I can do it legally i...

Question

I want to sell real estate in my home state of Illinois WITHOUT a regulatory license.

A quick internet search tells me I can do it legally in this 3 step process below.

Is this legal in your opinion?

1

Hit the Streets ! Hit the Internet ! Hit the Newspapers !

Find Owners who are themselves trying to sell their home.

Tell them what you can do for them.

NOTE: You must have your clients sign a contract asking you to assist them with the private sale of their home ......T hat is the loop hole that keeps you from having to be a licensed Real Estate Agent

2

Sign up your new client. When signing a client you need to get your Marketing deposit on the front.

3

Place an ad in the newspaper.

Houses for sale- (000) 000-00

Answer

No, it most certainly is not. If you are going to be collecting money from either party for the service of finding a buyer, you need a license. Read the Real Estate License Act. Notice the $25,000 per transaction civil penalty and the misdemeanor and felonies available to you as a violator. If you want to do this, get your license. It is not that difficult, and you will learn a thing or two.