Real estate license
Real estate licenses are those authorizations by a local or state administration given to agents and/or brokers to be able to legally represent a seller or buyer in the process of buying or selling
real estatein that specific community or state.
These licenses are not necessarily required in all the States of the United States of America (USA), nor in many countries internationally. Through a complicated arrangement, the
National Association of Realtors(NAR) sets the policies for most of the Multiple Listings Services and, in the late 1990s with the growth of the internet, NAR evolved regulations allowing "Information Data Exchanges" "(IDX)" whereby brokers would allow a portion of their data to be seen on the internet via brokers' or agents' websites.
There were attempts to limit access to some or all of that data to certain brokers operating solely on the internet and, in 2005, this prompted the Department of Justice to file an
antitrustlawsuit against NAR alleging its MLS rules in regard to these types of limitations on the display of data were the product of a conspiracy to restrain trade by excluding brokers who used the internet to operate differently from traditional "brick and mortar" brokers.
Real estate trends
List of real estate topics
Real estate pricing
National Association of Realtors
Real estate appraisal
Real estate economics
Wikimedia Foundation. 2010.
Look at other dictionaries:
Association of Real Estate License Law Officials — The Association of Real Estate License Law Officials (ARELLO), founded in 1930, supports regulatory agencies in the administration and enforcement of real estate license (or registration) laws in their respective jurisdictions.Among its positions … Wikipedia
Real estate broker — This article is about the North American practice. For other definitions and practices in other countries, see Real estate. For real property, see Real property. Realtor redirects here. For the real estate industry trade association that refers… … Wikipedia
real estate agent — A foot soldier of the real estate business who shows houses and does most of the other nitty gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are… … Law dictionary
Real estate — Property lawReal estate is a legal term (in some jurisdictions, notably in the USA, United Kingdom, Canada, and Australia) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is … Wikipedia
Real estate investment trust — A real estate investment trust or REIT ( /ˈriːt … Wikipedia
Real Estate Agent — A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for commission. Most agents work for a real estate broker or realtor. Real estate agents are the people you deal with face to face… … Investment dictionary
Index of real estate articles — Property law Part of t … Wikipedia
Recording (real estate) — Recording act redirects here. For recording artists, see Musician. Property law … Wikipedia
Yellowknife Real Estate Board — Northwest Territories Real Estate Association and Nunavut Real Estate Association both redirect here. The Yellowknife Real Estate Board represents the member brokers and sales persons of Yellowknife, Northwest Territories.Territorial… … Wikipedia
License — For Wikipedia s licensing policy, see Wikipedia:Copyrights. For the Aya Ueto album, see License (album) … Wikipedia