UH OH!

"Unlicensed Practice of Real Estate in Florida

Unlicensed Practice of Real Estate is a Third Degree Felony in Florida.
Under Florida Statute 475.42(1)(a), the crime of Unlicensed Practice of Real Estate is committed when a person engages in real estate activities listed under Florida Statute 475.01(1)(a) without a real estate license for compensation.

Real Estate Activities Requiring Licensure

In Florida, it is unlawful to engage in the following real estate related activities for compensation without possessing a real estate broker’s license or sales associate license.

Advertising or marketing another person’s timeshare or property for compensation.
Auctioning or attempting to auction another person’s property for compensation.
Buying or attempting to buy real estate on behalf of another person for compensation.
Listing another person’s timeshare or property for compensation.
Operating as a real estate broker or sales associate without a license.
Renting, leasing, or attempting to rent or lease real estate on behalf of another person for compensation."

From: Unlicensed Practice of Real Estate in Florida

None that I can think of since I have sold multiple properties FSBO. Be prepared for more work, but at a huge return for your effort.

Hot Market, Sell on Your Own
 

In this or any other market the only advantage you receive from a realtor is exposure through MLS. Since this market is so seller advantaged, the only thing you need is a
good closing attorney or Title Company. You do the advertising and the showing and leave the legal issues to the attorney or title company. It is amazing how much money you will save doing it yourself.
The real estate agent has only one interest in mind, making a sale and their commission. They will get you to sell even if it means you get less for your home. Their allegiance is to their bank account, not yours.
As the market goes, you are beginning to see discount real estate brokers entering the market. As with automobiles, soon much of the real estate market will be the same, online sales. In most cases real estate agents will be going by the wayside. They claim personal service, but is it worth 7% of the sale price? Personally, I don't think so.

Always enjoy reading your responses...clear, concise and unbiased!

Hello
I am bought from a "sale by owner " courtyard in Fenney .
The seller saved 30k on commission
He used this title company who I highly recommend
Johnathan W. Thompson

Fidelity National Title

333 3rd Avenue North, Suite 500C

St. Petersburg, FL 33701

727-539-9941

He used live in the Villages and knows exactly what needs to be done to sell for you.
You can the PSA agreement on line for the contract and hire an attorney if needed.
Good luck
Good luck on your sell

McLin & Burnsed

As others have said, no harm trying to sell it yourself. I would caution as for me, this would make this a less desirable spot. Just like most don't want to live next to a pickleball court, I would hate to live next to a softball field....make that any field especially if they have lights. Living close to shopping is good, but next to shopping isn't desirable. Lights, delivery trucks, etc are very unappealing.

We worked with Jonathan; highly recommend as well, very knowledgeable.

good luck...never done a SBO

wish you well

Know What Your Costs Are
 

What are you calling "all," i.e. exactly what are you including in your use of the word "all?"

If you are speaking about what an attorney or title company will charge the seller, that amount is high for simply doing the paper work. There are a number of other fees for the seller, including but not limited to documentary stamps, recording fees, taxes, etc. A seller should be prepared to pay at least 1%+ at closing if selling as a FSBO, not including what an attorney or title company charges.

This law applies to someone selling real estate for another person. Does not apply to a FSBO.

Let the Truth be Known
 

As in any sales profession, earning a living is what is paramount. Of course, making a sale is important, but your comment is ridiculous! And an agent will NOT make a seller sell for less than what the house's value is unless there is a bonafide reason for doing that. An agent is looking for the highest and best price for the property.

And yes, agents and Realtors don't claim personal service -- they GIVE personal service! I have not seen a 7% commission in many years but a commission is definitely worth letting an agent/Realtor handle the sale. An agent works hard and has many expenses to pay in their profession; don't forget, most agents have to get their split from their broker and do not receive the entire commission.

There obviously is a reason you are so anti-real estate agent or Realtor but your comments are sarcastic, angry, and unfairly given.

Disclosure of Pertinent Facts
 

By law, a seller must divulge all defects regarding their property. Defects are not limited to only the house or property. For instance, if there are sinkholes in the area or flooding, that kind of thing must also be mentioned.

Realtors vs. Agents
 

The Villages does not employ Realtors. The Villages only have sales agents. They are not a member of the local Assn. of Realtors and do not abide to the Code of Ethics as set by the National Association of Realtors.

Brokers Can Hold Excrow Funds
 

Many brokers have a separate account for earnest money deposits which is strictly governed by law. The broker must follow exact guidelines for that account or be faced with penalties as drastic as possibly losing their license to do business.