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Ambassador
6,426,155
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Mary Yonkers teaches real estate there, she will know.

Aug 31, 2017 12:46 AM
Rainmaker
1,555,100
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Aug 30, 2017 08:22 PM
Rainmaker
1,045,440
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Sounds like you need to speak with a representative from PA who also knows all other juridictions in the country and perhaps the world.. a tall order

Contact Me

or Read my blog

Read My Blog

Sep 27, 2018 09:29 AM
Rainmaker
3,071,589
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Thomas J. Nelson, Realtor,CRS,e-Pro nailed this one!

Aug 31, 2017 06:03 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

This question doesn't make sense to me the word licensees is throwing me.

Aug 30, 2017 08:26 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Need to give this back to your instructor

Aug 30, 2017 08:16 PM
Rainer
247,948
Matt Hendricks
Home and Family - Louisville, KY
Love my family, my wife, kids and our lives

I have no idea ask someone in PA?

Sep 27, 2018 06:30 PM
Rainmaker
1,507,073
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Like Bob Crane said,  Mary Yonkers teaches RE there.  I highly recommend you contact her for some education.

Aug 31, 2017 01:49 PM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Transaction licensee is covered in Real Estate Fundamentals pre-license class.

When: September 16, 17, 23,24.

Location: Erie, PA  

Register: www.alankells.com 

I hope to see you in class. 

Aug 31, 2017 07:01 AM
Rainmaker
5,773,367
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Your instructor should be the one to ask.

Aug 31, 2017 06:47 AM
Rainmaker
7,871,831
Roy Kelley
Retired - Gaithersburg, MD

Follow the rules and practices in your state and local area.

Aug 31, 2017 06:37 AM
Rainmaker
1,712,876
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Talk to your broker or the real estate commission. Take real estate classes.

Aug 31, 2017 06:22 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Mike & Eve Alexander gave a pretty good answer for a transaction broker; however, check with Mary Yonkers.

Aug 31, 2017 06:19 AM
Rainmaker
5,246,557
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Read the state statute and follow it!

Aug 31, 2017 06:18 AM
Rainmaker
991,852
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

No clue since I work in Florida

Aug 31, 2017 05:56 AM
Rainmaker
5,117,178
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I'm in North Carolina and have no clue about what happens in Pennsylvania.

Aug 31, 2017 04:16 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You should have a mentor or ask your broker to help .

Aug 31, 2017 03:44 AM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

A 'transaction licensee" is someone who just shuffles the paperwork but does not advocate for either the buyer or seller.  They are called "transaction brokers, facilitators, and non representatives".

The reason they are called "licensees" is because they are NOT an agent...the are simply a middle person.  An agent is somone who actually represents a buyer or seller.  A "licensee" offers no fiduciary duties.

In a typical buying and selling transaction, the consumer would actually be represented by an agent.

Many states are leaning toward "licensees" because they have less liability.  Why? because they promised you nothing...

99.99 of licensees in Florida are "transaction brokers" who claim to represent...but the definition of represent is not to advocate.  NO FIDUCIARY duties of loyalty, full confidentiality or full disclosure.

It is totally screwed up, but it helps dupe the consumer, so that you can pretend to represent the buyer and seller in the same transaction, and make more money.

Eve

Aug 31, 2017 03:42 AM
Ambassador
2,684,769
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

See an Attorney.

Aug 30, 2017 08:47 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Did you get your license? 

I know, by now you would.

Sep 01, 2018 07:47 AM
Rainmaker
1,625,353
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I'm not sure what you are asking. I'm sure, your broker should provide you with a list of required forms( or a template of selling and buying transactions), or/and use TC to guide you through. 

Sep 03, 2017 01:42 PM
Rainmaker
1,728,867
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Ask your instructor

Sep 01, 2017 10:19 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Sorry, I don't work in PA.

Sep 01, 2017 06:20 AM
Rainmaker
4,319,873
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Just wondering and trying to understand - what is transaction licensee?

Aug 31, 2017 09:49 PM
Ambassador
3,350,764
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Check with your instructor or licensing agency. 

Aug 31, 2017 07:45 AM