[jacksonbrown]

Originally Posted by Jayhawk

How long have you been a MLS realtor?

Selling real estate does not make one a realtor.

Just as selling from a MLS listing does not make one a real estate agent.

And, working for Villages Real Estate certainly doesn't qualify one to use the trademarked term REALTOR®, with or without the ®.

[Laker14]

On resales, do most of the real estate professionals selling properties in TV charge the same sales commission, regardless of whether they are MLS, or The Villages Real Estate?
What is it typically?

[retiredguy123]

It's negotiable. I think the maximum commission you would pay would be 6 percent. But, I think it is easier to negotiate a lower commission with an MLS agant than with a Villages agent.

[Mrprez]

Realtor is a trade association name. It is not a legal term that defines one who sells real estate. The two legal terms are broker and agent. It is my understanding that all TV sales people are at least agents. I don't think it is possible to legally sell real estate in exchange for a commission without being an agent or a broker. An agent must work for or be associated with a broker. They cannot sell real estate by themselves.

[retiredguy123]

Originally Posted by Mrprez

Realtor is a trade association name. It is not a legal term that defines one who sells real estate. The two legal terms are broker and agent. It is my understanding that all TV sales people are at least agents. I don't think it is possible to legally sell real estate in exchange for a commission without being an agent or a broker. An agent must work for or be associated with a broker. They cannot sell real estate by themselves.

Correct. I think The Villages may have some sales people who are not licensed agents. They can work for a salary or an hourly wage, but their compensation cannot be based on a percentage of the sales price. Only licensed agents can receive a commission based income.

[graciegirl]

Originally Posted by manaboutown

This him? James McLaughlin - , Real Estate Agent - realtor.com(R)
or him: Jim McLaughlin - Libertyville, IL Real Estate Agent - realtor.com(R)

I could not find a Forida Realtor named Jim or James McLaughlin on an internet search, only a villages agent, but not a Realtor.

We have discussed this before. Apparently this is important to you.

I think realtor with a capital R is just a capitalized name for someone who sells real estate.

Jim has sold real estate in the Eastern State where he was born. He sells real estate here and he is allowed to sell new homes in The Villages and the realtors you talk of, from MLS, cannot sell new homes in The Villages. Jim can also sell used homes in The Villages. Jim has had to hire a helper he is so busy.

[manaboutown]

Originally Posted by graciegirl

We have discussed this before. Apparently this is important to you.

I think realtor with a capital R is just a capitalized name for someone who sells real estate.

Jim has sold real estate in the Eastern State where he was born. He sells real estate here and he is allowed to sell new homes in The Villages and the realtors you talk of, from MLS, cannot sell new homes in The Villages. Jim can also sell used homes in The Villages. Jim has had to hire a helper he is so busy.

Realtor is a trademark, not a generic term for a licensed real estate agent or broker.

"The term REALTOR® is not only a trademark owned by NAR and protected by federal law, it's a valuable membership benefit that distinguishes members from other real estate licensees.May 17, 2017"

Top 5 Things You Need to Know About the REALTOR(R) Trademarks | www.nar.realtor

[Number 10 GI]

Seems like some people think a real estate agent must also be an investment counselor, tax expert, and a housing inspector.

[Mrprez]

Originally Posted by retiredguy123

Correct. I think The Villages may have some sales people who are not licensed agents. They can work for a salary or an hourly wage, but their compensation cannot be based on a percentage of the sales price. Only licensed agents can receive a commission based income.

That may be. TV says on their website that they are all licensed. I made sure that mine was a licensed sales agent.

[EdFNJ]

When you look at the taxes of a RESALE home they are based on what that owner paid for it. Our taxes doubled because the original owner was protected by the "Florida Save Our Homes" CAP over the previous 9 years based on what HE paid for it. We start that over based on our price. Our agent said the taxes were $900 when we asked, which was true, but they turned out to be $1800 when we closed based on OUR purchase price not the first/previous owner. Even at 2X 1 year was equal to 1 1/2 months up north so no complaints.

[Cobh521]

Originally Posted by dnobles

Yes they are realtors, they just don’t belong to MLS

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[Mrprez]

Originally Posted by Cobh521

They are not Realtors® They have a license but they do not belong to the National Association of Realtors® and they do not take the code of ethics courses.

You need a course to learn how to be ethical? Sad.

[mrfixit]

[quo//////te

[Cobh521]

Originally Posted by Mrprez

You need a course to learn how to be ethical? Sad.

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[Mrprez]

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