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Attorney As Real Estate Broker

Posted: Sat Dec 24, 2011 1:52 am
by pancho
Anyone know which states allow members of the bar to function as a real estate broker without becoming a licensed real estate agent?

Looks like New York may be one:

"Some states such as New York allow licensed attorneys to become real estate brokers without taking any exam."
Source: http://en.wikipedia.org/wiki/Real_estate_broker

Is there a comprehensive list somewhere? Haven't found one.

Re: Attorney As Real Estate Broker

Posted: Sat Dec 24, 2011 10:48 am
by fixer
Texas allows a lawyer to take a commission from a principal but will not allow brokers to split commission with an attorney.

Re: Attorney As Real Estate Broker

Posted: Sat Dec 24, 2011 1:54 pm
by 2LLLL
I think Maryland allows you to waive some of the required real estate education classes. I know this is also an ethical thicket as to who your client is.

Re: Attorney As Real Estate Broker

Posted: Sat Dec 24, 2011 2:06 pm
by oasis87
Mass.