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People familiar with RE Broker licenses...

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stickydust
Now a mommy of 2!!!

Member since 4/06

3164 total posts

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People familiar with RE Broker licenses...

I am currently an attorney and am looking to do Real Estate part-time as an additional source of income. Since I am an attorney I know I can apply for a Broker license and waive all requirements.

My question is - I would want to work for a company (i.e. Coldwell Banker, etc,) but am not entirely sure. Can I apply for a license as an individual or do I have to apply for one as an Assoc. Broker? Can I have an "individual" and work for a company?

If I have an Assoc. license can I go off on my own if I want to or am I tied to that company?

Thank you!!!Chat Icon

Posted 6/7/10 2:26 PM
 
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Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: People familiar with RE Broker licenses...

you would have to get your associate broker lic if you are going to work for someone else- b/c there will already be a broker there

then you will need to change to a broker lic if you are going to go out on your own

you are never tied to a company- the company just holds your lic

if you want to switch- you just terminate you lic at that company thru the DOS- but it does not terminate your Lic overall

Posted 6/7/10 8:40 PM
 

stickydust
Now a mommy of 2!!!

Member since 4/06

3164 total posts

Name:

Re: People familiar with RE Broker licenses...

Posted by Beth

you would have to get your associate broker lic if you are going to work for someone else- b/c there will already be a broker there

then you will need to change to a broker lic if you are going to go out on your own

you are never tied to a company- the company just holds your lic

if you want to switch- you just terminate you lic at that company thru the DOS- but it does not terminate your Lic overall




Great! ThanksChat Icon

Posted 6/7/10 10:17 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: People familiar with RE Broker licenses...

I was in a class at LIBOR with an attorney that wasn't told all that

he was upset

happy to help

Posted 6/7/10 11:27 PM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: People familiar with RE Broker licenses...

Message edited 6/9/2010 10:59:59 AM.

Posted 6/9/10 10:55 AM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: People familiar with RE Broker licenses...

Message edited 6/9/2010 11:00:05 AM.

Posted 6/9/10 10:56 AM
 

LuvHelloKitty
LIF Infant

Member since 1/10

112 total posts

Name:
Liz

Re: People familiar with RE Broker licenses...

I am an attorney and work part time doing real estate refinance closings. If you want info on how to get into this field, send me a FM. The job is awesome, I get decent $$ for basically driving all over Long Island doing closings after my full time job ends at 6 pm.

Posted 6/28/10 10:51 PM
 
 

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