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Lawyer and Realtor |
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I have a Doctorate of Jurisprudence and I was once told that with a J.D., you could be a realtor. How does that work, if you know? |
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Real estate licenses are administered differently in each state. Often, though, there is a provision that no real estate license is required if a lawyer charges for helping with a real estate sale. In my state -- and I suspect in most -- the attorney must be licensed to practice in that state. I don't think the degree alone would be enough.
Even so, in many states, if the lawyer sets up a regular brokerage business and intends to take on salespersons, the lawyer must get a real estate license. He or she might be exempt from taking the required courses or examinations.
As for "Realtor" -- that's not a state license at all. It's a trademarked term that applies to licensed brokers who choose to join a private trade organization, the National Association of Realtors (as well as local and state associations.) |
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Edith
Originally published on May 20, 2008 |
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