Marketing to FSBO: respa

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KellyVanguardNM

509 Posts

Posted - 03/22/2008 : 5:56:40 PM

I was wondering if anyone has some advice on Marketing to FSBO's. I was told hosting an Open House was a violation of RESPA. I thought I could co-host an Open House. Does the owner need to be present? Just need some clarification before I start searching the RESPA guidelines. Also waht about Call Capture signs? I have signs made saying "YOU CAN OWN THIS PROPERTY PLEASE CALL 555-555-5555"

Thanks

Kelly

aspiring1

1321 Posts

Posted - 03/23/2008 : 7:19:12 PM

Kelly, I believe that actually hosting an open house is considered "practicing real estate without a license". (unless of course you have dual licenses or have a DRE license in Ca.)

I do know that you can sit in - in an open house and pre-qualify prospects.

KellyVanguardNM

509 Posts

Posted - 03/23/2008 : 7:20:57 PM

Thanks alot! I have been doing some research. I am finding very different answers to the same questions. Figures!

quote:
Originally posted by aspiring1

Kelly, I believe that actually hosting an open house is considered "practicing real estate without a license". (unless of course you have dual licenses or have a DRE license in Ca.)

I do know that you can sit in - in an open house and pre-qualify prospects.

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