However, there’s more to it than just understanding the definition of a business entity real estate broker. Can a real estate agent start a business entity? What is a real estate broker of record? Why does any of this matter to you as a real estate agent?
Real Estate Agents Starting Business Entity
How to Own a Real Estate Brokerage in Texas: An Alternative Option
The main reason why real estate agents choose to go the business entity real estate broker route is the time and cost involved in becoming a licensed real estate broker as an individual. In other words, you don’t have to go through the training, classroom hours, and other requirements for a real estate broker license in Texas. Instead, you simply need to have a Texas Real Estate Salesperson License and a real estate broker of record to sponsor you.
Using the Elite Agent LLC Sponsorship Program
You’ll have the flexibility to hire agents and you won’t need to worry about expensive transaction fees, annual fees, or even sign up fees. We even provide broker support, resources, and so much more. Find out more about the Elite Agents LLC Sponsorship Plan here.