1889 Institute: real estate "agent" licensing is fake protection for home buyers

REAL ESTATE “AGENT” LICENSING: FAKE PROTECTION FOR HOME BUYERS Specific meaning of “agent” in common law is violated in Oklahoma statutes. OKLAHOMA CITY, OK (August 5, 2020) – The 1889 Institute has published “Real Estate Agent Licensing in Oklahoma,” another of the Institute’s installments in its Licensing Directory, which looks at specific licensed occupations and recommends whether or not they should remain licensed. Once again, the repeal of a licensing laws is recommended. “Most buyers of real estate, especially home buyers, will use a licensed mortgage broker, a licensed inspector, a licensed appraiser, obtain title insurance from a licensed insurer, which requires an abstract report from a licensed abstractor, all examined by a licensed attorney,” said Mike Davis, Research Fellow at the 1889 Institute and author of the report. “How many different licenses are needed to ensure it’s safe to buy a house?” asked Davis. Read more » by Jamison Faught - August 10, 2020 at 11:21AM

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