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Q: Does a Chinese realtor need a license?
Does a Chinese realtor need a license in order to work legally in this business?
I know back home they need...
And if yes, I was just wondering if a foreigner can get that too?!
The actual realtors do not need a license. They get their training from the company they work for.
However, the actual companies need a special license to sell/rent real estate. It is very hard to get and very expensive.
A foreigner can work for any of the real estate companies, but the ones that I know of develop relationships with several real estate companies and then work on a freelance basis for a partial commission (and whatever they can get out of the foreigner who uses them).
Most of the agents who have an educational back ground in real estate will have a license but to be honest they can work of the companies license. I know a few expats who do real estate but the commission is terrible
