The obvious first reason is that they know the area. Not just from the perspective of someone who has worked there or sold some houses there. A local realtor will know the businesses in the area as well as the schools. They will know the best dog parks and the special places where the locals like to hang out.
Evade licensing requirements. result in a fine of $1,000 per transaction and each day person continues. without taking the exam if that state has a reciprocal agreement with Georgia Real Estate Commission.
Agents operating in your local neighbourhood have a wealth of knowledge when it comes to data like recent sales for comparable homes within your specific area, market trends and property values. This is invaluable when buying or selling.
Specifically, any person can sell the property of an owner on a fulltime basis without being required to be licensed. (O.C.G.A. § 43-40-29(a)(1)). However, under license law, the exceptions allowing some people not to be licensed “shall not apply to any person who holds a real estate license”.
Local lenders typically are easier to work with and are more available by phone. The big box brokerages typically have a call center and it can cause issues especially if you're in a competitive market.
Specifically, any person can sell the property of an owner on a fulltime basis without being required to be licensed. (O.C.G.A. § 43-40-29(a)(1)). However, under license law, the exceptions allowing some people not to be licensed “shall not apply to any person who holds a real estate license”.
If you're considering starting a real estate career in Atlanta, Augusta, Columbus, Macon, Savannah, or any other city in the state, you'll need to earn a Georgia real estate license.
A business entity offering real estate brokerage services to the public typically must register with the real estate commission before conducting business activity. For assistance with licensing, please contact us to learn about our software and managed license services.