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Asking a student question as anonymous is a violation of the active rain rules.
Sandy Padula and Norm...
Tony and Suzanne Marri...
Ryan Huggins - Thousand Oaks, CA nailed this one!
Ryan Huggins - Thousan...
Thousand Oaks, CA
Before someone can apply for Broker's license, they are required to work under a broker for a specific time!
It's the law in CA
It's the law in Idaho. What Lynnea Miller said. We call the Principal Broker the Designated Broker here.
It is the real estate law in Oregon. Until an agent is a Principal Broker themselves, they must be affiliate with a brokerage managed by a Principal Broker.
I would ask your instructor
It's the law!
In most states it is the law
If you are a full broker you do not need to be affiliated with a principal broker.
In my jurisdiction, one cannot become a broker without at least 3 years of full-time experience as an agent. Brokers have a lot more management to take care of, such as record keeping and escrow accounts.
In my jurisdiction, real estate brokers and sales representatives must be affiliated with a real estate brokerage pursuant to the law in my jurisdiction.
Someone to do the paperwork and take responsibility
In Colorado you have to work under a broker for a minimum of two years.
Not necessary, you get get a broker license yourself and be your own agent.
You must follow the requirements in your state.
A real estate agent must be affiliate with a broker is the law in California.
It's the law in Texas.
It's the Law.
it is the law
It's the law in AZ. Consider this - a brand new agent should NOT be allowed to go out and do business on his/her own without broker supervision. That would be scary.....just saying.
Please read, Chapter 1
State licensing requirements specify that a new affiliate must work under the supervision of a broker. When you get enough experience and knowledge you can apply to be the broker and accept all the responsibility that goes along with it.
that's the law in Massachusetts....
It's the law.
Its a system of accountability designed to protect the consumer further...
So they can be paid ... commissions are only paid to the brokerage who then pays the agent. In CA an agent needs experience with a broker/age before they can apply for a broker license.
In our state you need two years as a associate broker first before you can be a broker. You need someone to follow up on your mistakes.
Any realtor would know the answer to this question.. and why are you hiding behind a blue head as anonymous?
It is the law that an agent has to be associated with a principal broker.
They have no choice.
It's a closed shop and you gotta join the union.
If you look deeper regarding the role of the broker and/or franchise you will begin to see the picture more clearly.
How's school going?
Are you a home owner?
It's the Law
That's the law.
I didn't know The Blue Man group performs on Active Rain.