California Home Based Business Regulations
In California, can a lawyer act as a real estate agent for a buyer and collect 2% commission from the sale?
California Business and Professions Code 10131 and 10133 collectively state that a lawyer can assist in the sale of a home without having a real estate agents license. My sister uses an agent for buying homes and the seller usually pays the agent’s 2% commission. Can my sister use a lawyer as her agent (he does the same work as an agent would, doc review etc) and collect 2% commission from the seller. I appreciate answers based on CONCRETE INFO, such as laws, statutes, regulations etc. Responses from practicing attorneys are very welcome too!!!!
He can not collect a commission, but would work for an hourly fee or a set fee, paid for by your sister.
The commission still gets paid by the seller, but it goes to the selling agent.
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