Real estate is always evolving and a great option for those who love to interact with people and who are intrigued by a challenging profession. Real estate agents in Hartford list homes for sale, work with clients on buying a home, and aid in the sale of commercial real estate.
You Could Lose You License
Becoming a licensed real estate agent requires a few steps in Hartford. First, you must sit for the 60 hour real estate principles and practices course that meets the minimum requirements as set forth by the State of Connecticut Department of Consumer Protection Real Estate Commission. These classes can be live, in person, or virtual live. Subject matter will include, real property and the law, concepts of home ownerships, agency, and lease/property management among many others. The only requirement prior to obtaining your license is being 18 years or older. After you are licensed you may then choose which real estate broker you wish to team up with. In order to effectuate legal transactions this is required. Unfortunately, even after years of practice, it is possible to lose your license.
Money mistakes. Sloppy bookkeeping, fund shuffling, or borrowing client funds may result in the loss or revocation of your license.
Misrepresentation. Those who are trying to sell homes and purposely hide defects from potential buyers could face lawsuits and the loss of their license.
Not cooperating. Not cooperating with investigators of the real estate commission could result in a license issue.
Call Us – We Wrote the Book on License Defense
Real estate is an exciting field, and you will never be bored. But, even a small mistake could lead to the loss of your license or suspension, If you are contacted regarding this please reach out to a Hartford real estate license defense attorney, such as those at The License Lawyers.