Broker awaiting licence renewal in few weeks

Sounds like am organizational genius ... good luck making it to closing.

No. Call DOS if you don't believe me, but the answer is absolutely not, not if you want to collect a commission. The minimum penalty is you give the commission money back. You are unlicensed.

gernerally speaking your firm would hold your commission check until you complete your continuing ed, etc. Though it really shouldn't take a couple of weeks?

realdeal777:

1. my recollection is that the broker can collect the commission if licensed at time of closing
2. but I am not certain
3. you should follow the advice to ask the Department of State

Honest question: Are brokers asked to show their licenses at the closing table? Who would really know either way?

Why is the broker signing a contract for the buyer anyway? That's WAY beyond their scoop of duty. Unless you mean that they are signing a buyer broker agreement. If it's the sales contract then the attorney should get the Power of Attorney as it's cleaner and smarter that way. And if the buyer's broker isn't on the ball enough to get his/her license renewed in a timely fashion, do you really want them acting on your behalf anyway? Sounds like it could turn into a real sh*t show.

First of all learn how to spell for the love of God. Licence?? Pathetic. Can't even spell the most important word in your life. Some things just piss me off.....Cheers!

Can't believe the Manhattan market is just completely kicking butt. Who would have thought??? ;) Only a few short years ago the world was ending...man I salute those who had the balls to buy in 2009/2010. Your instincts serve you well. There's one other thing: I'll bet you buyers are ecstatic you didn't listen to somewhereelse. Remember the man who took you HOME steveF...have a great day!

Though not knowledgable about the specifics of this transaction or industry,it seems to me that if an individual is required to be licensed to operate in a given profession, then s/he cannot act in any legal capacity while unlicensed,regardless of the reason why.Sounds like a suspicious story to my ear;furthermore, actions committed by the broker during the "expiration" could be challenged legally,if someone had an interest in doing so.

Shocking!

I wonder how many transactions in New York City are executed by "licensed" people who don't actually have up-to-date (or even ANY) licenses ...

barber?