Do buyers’ agents have Legal requirements? (USA)


In some European countries, like the UK, buying agents do not need to pass any specific exam or get any certification to start practicing their profession while in other countries, like Italy, France or Spain they have to conform to the same qualification and legal requirements as selling agents do, even though the two roles differ substantially. what about USA?


Buyers agents must have real estate licenses in the US, just as listing agents do. Most agents handle both listings and buyers, unless they are busy enough to specialize in one area or the other.

Answered over 1 year ago
Ted Rood
1480 1 8
over 1 year ago abi ben said:

ok, thanks. is there any kind of legel “agent” without a license that represents the buyer? some type of agreement between someone close to the buyer with the buyer?

This person will get some of the broker fee.

over 1 year ago Ted Rood said:

@abi ben Not that I am aware of, at least on residential mortgages. On commercial deals, non-licensed parties can be compensated for referring the loan, or other services rendered, but I don’t know of any means for a non-licensed “agent” to be compensated on a residential transaction.

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