answersLogoWhite

0

A RE broker is a RE broker, regardless which state he-she is in.

a licensee of the state, responsible for an office, its agents and

for ethically and morally and legally representing his clients, and

being fair with customers.

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Other Business

Can you use custom broker license every state?

If by this mean you mean a broker's licence in terms of real estate, then no.


Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


Can a Florida real estate broker pay referal fee to out of state real estate brokers?

Yes, a Florida real estate broker can pay referral fees to out-of-state real estate brokers, provided that the out-of-state broker is properly licensed in their respective state. The referral fee must comply with Florida's real estate laws and regulations, including the requirement that the fee is paid for a legitimate referral and that the Florida broker handles the transaction. It's advisable for brokers to ensure they understand and adhere to the legalities in both states involved.


Can real estate agent's commission be paid by the broker to a corporation?

In most States the corporation would need to be a real estate licensee. Check with your State real estate licensing agency.


How is a real estate broker different from a real estate agent in California?

In California, the terms real estate agent and real estate broker are often used interchangeably by the public, but legally and professionally they are very different roles. Understanding this difference is especially important for buyers, sellers, and real estate investors who want to work with the right professional—or even become one themselves. From a SAVAX VENTURES real estate and investment perspective, this distinction directly impacts authority, income potential, legal responsibility, and long-term wealth creation. SAVAX VENTURES

Related Questions

Can you use custom broker license every state?

If by this mean you mean a broker's licence in terms of real estate, then no.


How you develop the broker network i real estate sector?

A Broker's License is required in each state where the business is conducted.


Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


How much did the real estate broker sell your house for?

The real estate broker sold the house for 500,000.


Can a Florida real estate broker pay referal fee to out of state real estate brokers?

Yes, a Florida real estate broker can pay referral fees to out-of-state real estate brokers, provided that the out-of-state broker is properly licensed in their respective state. The referral fee must comply with Florida's real estate laws and regulations, including the requirement that the fee is paid for a legitimate referral and that the Florida broker handles the transaction. It's advisable for brokers to ensure they understand and adhere to the legalities in both states involved.


Can a real estate broker list your house without a signed agreement from you?

Never. And if he/she does, call the state board of real estate and file a complaint.


What tests need to be taken to get a commercial real estate license?

In order to become a commercial real estate broker, you will need to take and pass the Real Estate License Exam in your state.


Can real estate agent's commission be paid by the broker to a corporation?

In most States the corporation would need to be a real estate licensee. Check with your State real estate licensing agency.


How long does a broker keep records?

in the state of Florida, a real estate broker must keep transaction records for five years. this may vary from state to state.


How long does broker keep records?

in the state of Florida, a real estate broker must keep transaction records for five years. this may vary from state to state.


Do you need real estate training to become a broker?

Yes, in most cases you will need to complete real estate training in order to become a licensed real estate broker. The specific requirements vary by state, but generally, you will need to complete a certain number of real estate courses, pass a licensing exam, and meet other eligibility criteria, such as having a certain number of years of experience as a real estate agent. Once you have completed the necessary education and training and passed the licensing exam, you can apply for a real estate broker's license, which will allow you to legally operate as a broker and oversee real estate transactions on behalf of clients. It's important to research the specific requirements for your state, as they can vary widely, and to choose a reputable training program that will help you prepare for the licensing exam and succeed in your career as a broker


What degree to become a broker in Real Estate?

High School diploma is the minimum requirement to become a real estate broker. But you can also have an option to choose and earn a bachelor's degree in finance. But to get a license it is required for most state to get a post secondary course in finance or real estate.