HOW IT WORKS
How it works in a nutshell, our individual broker sponsors your business entity (Limited Liability Company, Corporation etc…)
To become a licensed Business Entity Real Estate Broker in the great State of Texas you must have your company sponsored by an individual real estate broker. Once an individual broker sponsors your company, the company itself can act as a real estate broker.
Your Designated Broker provides you the opportunity to start and run your own company while at the same time getting the support you need as you grow your company.
Don’t ever wonder what you could have or would have done if you had your own business. Live in the moment and make your dreams happen!
You control your own destiny and only you can
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You could also leverage commissions. Certain conditions apply if you also have a mortgage company. In addition, you can have agents to add to your bottom line when they list and sell other properties not associated with the homes you build.
Attorneys
As an Attorney in the state of Texas, a real estate broker/agent is not allowed to share fees with you. However, owning your own real estate brokerage may allow you to share in the income earned by a real estate brokerage if you engage in no acts for which a license is required according to the Texas Real Estate Commissions website.
Entrepreneurs
If you are an Entrepreneur and you want to own and run your own real estate brokerage you can with Your Designated Broker as your company sponsor. You do not have to be licensed to own a real estate company, but the company must be licensed as a real estate broker and have licensed agents to conduct activities for which a real estate license is required. As an unlicensed person, you can share in the income earned by the real estate brokerage if you do not engage in acts for which a license is required according to the Texas Real Estate Commissions