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Company Owner |
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Does the owner of real estate company have to be a broker? |
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The answer depends on what you mean by a real estate company. You don't have to be a broker to become a developer, buying land, building on it, selling your property. You don't have to be a broker to run a real estate investment company, buying and selling your own holdings. But if you're going to run a brokerage company, collecting commissions for helping other people buy or sell, perhaps hiring licensed persons to assist you, then yes, the owner must be a broker. If it's a corporation, in most states at least one of the owners must hold a broker's license. |
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Edith
Originally published on June 18, 2009 |
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