The Oregon Department of Environmental Quality requires property owners and contractors to identify asbestos and to properly handle, package and dispose of asbestos waste from demolition and renovation projects. A new requirement that’s especially applicable to the real estate industry is the new residential renovation survey requirement.
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1. You are "trying out" real estate. The notion of trying something out speaks to a lack of commitment. All too often, someone will decided to sell real estate because they see the success of another real estate professional – but what they don’t see are the years spent doing floor time, holding open houses for other agents, and working nonstop, seven days a week.
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A real estate agent knows the legal ins and outs of home selling and can help you make sure you don’t end up with a lawsuit on your hands. Regardless of if you decide to sell a home yourself, or if you’re going to be selling your home through a real estate agent, protect your systems and appliances with a home warranty.
A broker license is the entry-level license in Oregon. A licensed real estate broker can conduct professional real estate activity as defined in ORS 696.010 while supervised by a principal broker. An individual can hold only one real estate license (broker, principal broker, or property manager) at a time.
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A full service real estate agent can make the home selling process easier by conducting tours for potential buyers. Photo courtesy stock.xpert Though the Internet has made it easier to sell your home without an agent, about 93 percent of home sales are still done with some type of real estate agent [ ref ].
In order to practice as a real estate broker, you must be sponsored by a licensed Oregon principal broker. You and your sponsor will both need to complete and submit the Registered Business Name Association form.