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Rainer
430,091
Sara Wagner
Woodland Management Service - Adams, WI
The Forestland Experts!

Knowledge, responsibility, structure.

Dec 23, 2018 01:50 AM
Ambassador
4,053,477
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Guidence and responsibility.

Jul 01, 2018 09:11 PM
Rainmaker
2,891,714
Richard Weeks
Dallas, TX
REALTOR®, Broker

In the state of TX a licensee must have a sponsoring broker to have an active license.  That sponsoring broker is responsible for all the actions of the licensee.  The licensee can only received compensation from their sponsoring broker.

Sep 03, 2015 05:14 AM
Ambassador
3,981,932
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

The principal broker has years of experience and is supposed to supervise the affiliates. That is the law in most states.

Aug 17, 2016 11:11 AM
Rainmaker
1,675,306
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

In Indiana, all Real Estate agents must be under a registered Managing Broker in the state, to even be able to work as a Real Estate Agent.

Sep 03, 2015 11:32 AM
Rainer
32,469
Amanda Brown
Exit Realty Ascendancy - Stansbury Park, UT
I treat all my clients like million dollar clients

I was more curious on why you thought this was required, I know that it is the law.

Sep 03, 2015 10:58 AM
Rainmaker
4,796,451
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Because all agents are not considered to be able to manage real estate without the supervision of a broker.  (Stock Answer)

In reality, it was a great way to set up a system for brokers to be able to make money from their agents, going back to the dark ages.

Sep 03, 2015 05:15 AM
Ambassador
4,298,221
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Amanda Brown most states require that the agent work with a broker before practicing real estate independently.

Sep 03, 2015 04:53 AM
Rainmaker
1,366,727
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Amanda Brown In my state you cannot practice real estate without having a license and associated with a principal broker. The only exception is if you are a broker, then you have to get licensed as a sole proprietor or firm. The principal broker is responsible for all the activities of all sales persons within the office.

Sep 03, 2015 03:12 AM
Rainmaker
291,467
Jack Lewitz
IL Real Estate Specialists - Evanston, IL

Illinois has removed license for sales agent. You now must be a broker or broker manager. Which means you can work for yourself and be self managed or if you do not take the extra course to be a broker manager then you must work for someone who has that license.

Sep 03, 2015 02:11 AM
Rainer
187,145
Sharon Altier, SFR
Lawton Realty Group, Inc. - Elmhurst, IL

They must have a managing broker.  An agent can be both their own managing broker and sales agent, but it is all a matter of licensing law.  To be clear, that managing broker must have a managing broker's license; not  only a real estate sales license.  As Annette stated, it is law.

Sep 03, 2015 01:46 AM
Rainmaker
743,047
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It is the LAW!

Read the details of the AR question posted this morning.

http://activerain.com/questions/show/39384/only-ca-real-estate-agents-what-is-this-is-it-legit-or-fake-did-you-receive-this-email-what-to-do-about-it-remove-the-wording-independent-from-all-the-marketing-copy-of-the-email-below-

Sep 03, 2015 01:29 AM