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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (21207)	6/2/2004 2:03:17 PM
From: TraderC	Read Replies (1) \| Respond to of 306849

Interesting advice. Never thought of that. Are you an investor?

To: X Y Zebra who wrote (21207)	6/2/2004 9:35:17 PM
From: bobby is sleepless in seattle	Read Replies (1) \| Respond to of 306849

"as an investor in RE it is best NOT to have a broker license (or any license whatsoever) as it opens the liability door a little wider, since you would be deemed to be an "expert".... If I understand your statement correctly, you have more flexibility as an investor and the dumb flag will wave... it could be shown that this activity is a means for your livlihood and claiming ignorance would be thrown out the door. In fact, it can be shown that you are an expert it in this field, and that the degree of liability would be equal or greater than that of an agent. Even for passive investing, be careful about the claim of ignorance.