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Who Regulates New Home Construction And Sales?

New home builders are typically licensed or approved to do business through planning and building departments of local government. The real estate license law contains a specific exemption for new home sales which allows the builder to use unlicensed sales personnel as long as they are regularly salaried employees of the builder. These sales personnel are not subject to the Commission's jurisdiction.

Other Colorado Real Estate FAQs

Q: Where Do I Learn More About Real Estate In: Colorado
A: Colorado Real Estate Division Telephone: 3038942166 Fax: 3038912683 The Link is: www.dora.state.co.us/realestate/ More
Q: What Is The "Standard" Commission Charged In Colorado?
A: There is no established or required rate of commission charged by licensees for the performance of activities requiring a license. Commission rates are negotiable. … More
Q: Is The Verbal Acceptance Of An Offer Enforceable?
A: "The Statute of Frauds" generally requires all agreements for the sale or lease (longer then one year) of real property to be in writing to be enforceable. More