Re: Isn’t - Posted by Rich[FL]
Posted by Rich[FL] on February 13, 2002 at 15:53:05:
Walter, I’m not an RE agent (but I used to be one in days gone by.)
Here in Florida (I’m paraphrasing here), if you commit an act of real estate (that is, you bring two people together for the purpose of buying/selling a house AND GET PAID for that action), then you are performing an illegal act. The law doesn’t make distinctions between being an agent, or bird-dogging, or anything else. If you collect the money, you can be fined, placed in jail, etc.
Notice that the person RECEIVING the money is the guilty party here, not the person PAYING the money! Also note that if you commit an act of real estate AND DO NOT GET PAID, no harm, no foul, no problem. (But why would you want to do that? ) Anyway, that’s the way the laws read here a few years ago. They may have changed some since then. While I haven’t “studied” the laws in other states, most of these laws are derived from a common source (English common law or something like that I think) and are very similar if not identical in most states. You need to check them out for yourself to be sure.