If I intend to buy or sell a timeshare license, it is equally significant to know what the licensing requirements are in my state.
My suggestion is to always use a licensed expert when buying or selling a timeshare. If I work with a licensed expert I’ll get the assurance that every transaction is in compliance with the laws of the state where I intend to buy or sell.
Most of the States require some type of license in order to sell timeshares or to do timeshare resales. Few states need a real estate license while other states need a special license. Several other states have no licensing requirement at all to handle sales or timeshare resales.
f you feel Illinois real estate is the industry for you, check out Illinois Brokers Academy. We offer pre-licensing and post-licensing courses, as well as state exam prep dates. Do check our updates now for more information.
States That Requires Timeshare License
The following States needs real estate license to sell timeshare and timeshare resales :
Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Nebraska, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, Vermont, West Virginia, and Wyoming.
If you’re seeking the best real estate classes for yourself, visit Illinois Brokers Academy.
States That ONLY Requires License
The following States need a sales license (not a real estate license) in order to sell timeshare or timeshare resales:
Montana, Nevada, South Dakota, Tennessee, and Washington.
States That Do Not Require
The following states do not need any special license in order to sell timeshares or timeshare resales:
Illinois, Louisiana, Minnesota, Missouri, New Hampshire, North Dakota, Oklahoma, South Carolina, Texas, Utah, Virginia, and Wisconsin.
So, in Illinois, I don’t need a license. Do you need it in your state?
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