5,254,835
Yes. That is how many teams operate here - licenses are hung with another broker and they are the broker of their team in either an Inc. or an LLC.
-
Richard Bazinet /MBA, ...
Scottsdale, AZ
-
Lyn Sims
Schaumburg, IL
-
Richard Weeks
Dallas, TX
-
Doug Dawes
Topsfield, MA
-
Kasey & John Boles
Boise, ID
-
Fred Griffin Florida R...
Tallahassee, FL
3,167,814
In Georgia yes. But you have to be licensed that way. Example... Jane Doe DBA Jane sells Sinclair, LLC by the real estate commission. Business card has to have both and brokerage name and brokerage and/or attorney must pay the BE. Although I do know some who skirt/break the rules, but not my brokerage.
-
Peter den Boer
Woodstock, GA
-
Lyn Sims
Schaumburg, IL
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Fred Griffin Florida R...
Tallahassee, FL
2,400,915
Even after I sold my company and became a Broker Associate I retained the corporation Fred Griffin .
-
Doug Dawes
Topsfield, MA
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Tammy Lankford,
Eatonton, GA
-
Fred Griffin Florida R...
Tallahassee, FL
716,142
Yes. We have PC's, S corps, LLCs and more within our brokerage.
-
Lyn Sims
Schaumburg, IL
-
Doug Dawes
Topsfield, MA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
704,149
In California the only two types of entity for a real estate brokerage allowed by the Department of Real Estate is either a Sole Proprietor or a Corporaation. No LLCs or LLps or General Partnerships.
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Doug Dawes
Topsfield, MA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
509,449
My broker allows an agent to establish an LLC.
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
6,419,499
Yes, many do, however the check has to be written to an individual.
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
3,349,729
That is an interesting question. I do not know Fred Griffin -
I know I can as a broker.
Parked and Reading.
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
5,113,671
That's what I've done for years. I have no my own company which is paid by my brokerage.
-
Fred Griffin Florida R...
Tallahassee, FL
-
Richard Weeks
Dallas, TX
-
Doug Dawes
Topsfield, MA
809,258
Yes, John and I have an LLC. Many agents and teams are S corps.
-
Doug Dawes
Topsfield, MA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
1,201,827
Many do
-
Fred Griffin Florida R...
Tallahassee, FL
-
Doug Dawes
Topsfield, MA
4,962,467
5,878,065
My CPA recommended to incorporate years and years ago, and was working under another Broker.
-
Fred Griffin Florida R...
Tallahassee, FL
1,624,853
Yes.
LLC is the most common, I believe, but ask CA CPA.
-
Fred Griffin Florida R...
Tallahassee, FL
3,986,308
2,221,377
2,071,025
Fred, great question!
With you we will find the right answer.
-
Fred Griffin Florida R...
Tallahassee, FL
1,598,452
Oh, Fred, what the smart question.
I will pass. :)
-
Fred Griffin Florida R...
Tallahassee, FL
1,092,947
I researched this back in May when I was told by my CPA to form an entity. In Florida, an agent (who is not a broker) can be a P.A., LLC or PLLC.
After consulting my attorney and tax CPA, I was leaning towards LLC or PLLC but after talking with my broker was advised to do a P.A. so that is what I did.
I would suggest that anyone considering doing this not only talk with their attorney and CPA but their broker as well.
By "sole proprietorship" do you mean a d/b/a? I have not heard of that being an option in Florida.
-
Fred Griffin Florida R...
Tallahassee, FL
7,865,055
Yes. You have to be careful to follow the rules in your state.
-
Fred Griffin Florida R...
Tallahassee, FL
1,153,794
As stated it's fairly common here Fred.
-
Fred Griffin Florida R...
Tallahassee, FL
1,506,173
Yes. I know many sole agents that run as an LLC or corp.
-
Fred Griffin Florida R...
Tallahassee, FL
934,452
Yes- it is done frequently in my state (Utah) and in the state I previously lived (Arizona).
-
Fred Griffin Florida R...
Tallahassee, FL
647,740
5,583,328
I have my brokers license... but I was not the broker/owner.... I never had income in my name....it always went through a corporation... I was Inc....
-
Fred Griffin Florida R...
Tallahassee, FL
2,784,876
3,416,038
YES but the their rea estate license has to reflect the entity they working under and if a DBA, that has to be licesned as well. SO i need license approval for myself, my llc and my dba
-
Fred Griffin Florida R...
Tallahassee, FL
716,529
In AZ, yes. I'm the owner of my real estate LLC, my license is with the LLC. My LLC hires me as the practitioner. Title companies and brokerages pay my LLC, not me directly.
You can also be other types of corporate like a PC for example.
-
Fred Griffin Florida R...
Tallahassee, FL
2,193,082
Yes as long as they have a broker
-
Fred Griffin Florida R...
Tallahassee, FL
4,800,132
I think even in Florida, there are some restrictions.
-
Fred Griffin Florida R...
Tallahassee, FL
5,772,593
Fred,
Yes, we were a C corp while we were working with a broker. In CA real estate companies cannot operate as an LLC.
-
Fred Griffin Florida R...
Tallahassee, FL
5,241,047
Yes, you can do so in Illinois and many do!
-
Fred Griffin Florida R...
Tallahassee, FL
1,847,181
Yes & we've discussed it here many times. S or C corp? My CPA charged an arm & a leg for doing it & I'll never make that mistake again. You can do it yourself easily.
-
Fred Griffin Florida R...
Tallahassee, FL
1,712,776
I was a Sub S for a long time when I was with other brokerages.
-
Fred Griffin Florida R...
Tallahassee, FL
4,902,981
Yes; however, their broker must have some role in the entity.
-
Fred Griffin Florida R...
Tallahassee, FL
4,434,177
3,627,172