What Unlicensed Real Estate Virtual Assistants Can Do In New Hampshire
New Hampshire is one of the oldest states in the United States of America, not by virtue of ratifying the Constitution (it was the ninth state to do so), but by establishing its own government independent of Great Britain. It has since become a highly developed state, with an active tourism industry born out of its many ski mountains and their related resorts.
What this means for real estate agents is that a steady flow of business is occurring in the state, leading to a highly profitable industry for established agents in the area. As a result, online virtual real estate assistance programs are frequently used by most of the high profile real estate firms in New Hampshire.
What Actions Can An Unlicensed Virtual Real Estate Assistant Take?
Unlicensed assistants are restricted to handling administrative tasks on behalf of the licensee, which allows the agent in question to focus on the activities that require licensing to do. These include the following common practices:
- Giving clients general information about listings (without soliciting the client);
- Filling out and submitting listings to a multiple listing service (MLS);
- Typing contract forms and other paperwork under the supervision of the licensee;
- Following up on loan commitments after the licensee has negotiated the contract;
- Assembling documents for closing;
- Obtaining public information from local state entities;
- Having keys made on behalf of the licensee for company listings;
- Scheduling appointments for the licensee;
- Driving, for example, picking up clients to transport them to properties to be shown by the licensee.
Personal assistants are forbidden, however, from partaking in any activity that requires a real estate license. These include showing properties, answer client’s questions about properties, and negotiating contracts with clients. In addition, assistants may not receive additional compensation for real estate-related activities such as sales bonuses.
