Can a Corporation be a real estate associate agent?
956327
I am a Realtor and I am also a Corporation....Now sure why.....That is just what my accountant said would be best....That way if I get sued they can only go "personally" as deep as my Corporation and not my cut me through my personal (protects my family)....Talk to your accountant about it....IT is a nice protection to have.....
213800
It depends. Did you get a license as an Agent or a Broker?  The difference between the two is that an Agent, to be able to operate, needs to be hired by a licensed Broker.  So, which one are you?\n\nIf you're already licensed as an Agent, you can apply for principal broker companies such as Marcus and Millichap, REMAX Commercial, Sperry Van Ness and so on..  These companies usually require licensing o accept a new agent in their company.\n\nOn the other hand, if you're already a licensed Broker, you can go ahead and form your own real estate group with you as the principal.
12793
I don't think any college experience is necessary to get in real estate.  \n\nAll you need is the drive and PR skills to sell the crappiest dumps for the highest price possible... and/or have the capital to buy the nicest places at the lowest price and the savvy to resell them even higher.\n\nIt's a very competitive environment, better be ready to fight your way through
398534
yes.  not all real estate agents are brokers.\n\nat closing a check is cut to the selling agency and the listing agency.  i turn the check into the broker and he cuts me a check for my commission.
572138
I think what you are asking is: If you go directly to the brokerage company, or property management company, do you pay an extra commission?  No.  You sign the lease and pay the monthly rent each month.  Before you move in, you also pay the security deposit, an extra deposit if you have pets, maybe a charge for the credit check, a key deposit if it's required, and the last month's rent if it's required.  While it is not legal to pay the selling commission directly to you because you are not licensed, you may be offered move-in incentives, more flexible terms, or other discounts (where legal) if there is no selling commission to be paid to a selling Realtor.\n\nIf you use a Realtor, he may ask you to pay his commission, or he may be paid by the brokerage company, or he may ask both of you to pay him a fee.  If the brokerage pays his commission, and he is happy with that, then you do not owe any extra.  Many times, property managers cooperate with Realtors, many times they don't.\n\nIf the brokerage company lists the rental in multiple listing, your Realtor will know the commission the brokerage company is offering before he contacts them.\n\nA Realtor you hire as your agent in a lease may be able to negotiate terms of the lease in your favor, especially if it is a unique, or complicated rental situation, or you are looking for a long term rental of say 5 years or more.  If you are planning on sub-letting, that usually must be added to a standard lease. You may want a certain structure to your yearly rent increases.  You may not want to make equal rent payments every month. You may want a certain agreement written into the lease regarding maintenance or repairs or improvements to the property, for example, who will be responsible for lawn care and snow removal, or can you have a garden area, or put up a fence, or put up a storage shed.  Maybe you need something modified so it is more accessible to the handicapped.  You will also want to be clear on what pets you are allowed to keep, or whether you allowed to smoke if you wish.  You may even need to make changes regarding how many people are allowed to stay with you.\n\nIf you go to the brokerage company on your own, take time to thoroughly read everything in the lease before you sign it.  If you have issues with certain provisions of the lease, you are always free to try to have them changed to your satisfaction.  \n\nOne way to negotiate rent payments: You tell the brokerage company what you want, and tell them to rewrite the lease before you sign it.  Another way would be: You sign the lease you are given but you would cross out the yearly rental amount you don't like and write in the amount you want.  Then you would change the monthly rent payment in the same way, and initial both changes.  Another way to negotiate the rent: You cross out the entire clause regarding the rent, type up a new rental clause and make it part of your counter-offer, then sign the lease, and initial your new rental clause.  You will also want a time limit which forces the landlord or his agent to consider your changes within a certain amount of time, like 5 days, otherwise your counter-offer is no longer valid.\n\nAnd for your protection, always have an attorney review the original lease, as well as your counter-offer, before you sign or present it, or give a deposit to the brokerage company.
885836
Due to the complexity and extra cost of opening a corporation, I would suggest an LLC.  With a one member llc it is treated much like a sole proprietorship.  Gains will be taxed at your personal rate.  But if you live in this home for 2 out of 5 years, then you are entitled to a 250k exemption from the sale of the home.  If you plan on buying and selling many houses then maybe an Inc would be better.  Consult a lawyer and/or CPA.  It all depends on the facts and circumstances and how big you plan on becoming with your investment activities.  Inc are easier to get financing... LLC is cheaper and you can open quite easily by yourself.
1106543
There is no law requiring that a property manager hold a real estate license. Some companies, however, such as those that own a lot of apartment complexes or commercial buildings, require that the property managers who work for them hold a real estate agent's license. Most would accept a J.D. and a law license instead, but there aren't too many attorneys working as property managers.\n\nInformation regarding the process to obtain a real estate lisence in Oklahoma is available from the Oklahoma Real Estate Commission. The URL is listed below.
723709
I would suggest taking some courses or getting a degree in business.  I would at the least, get your real estate license.  The best thing to do would be to work your way up.  You can ask local property companies about interning with  them, or job shadowing.  Ask if they need a receptionist, or an assistant.  Property management requires knowledge of lots of laws and regulations.  You'll need to gain a lot of experience.  Good luck.
987086
I personally DO NOT advice you to ge ANY type of training to pass your exam for your license from ANY Real Estate brokerage firm.\n\nThe reason for this is that every RE company, they just want you to pass the exam as soon as possible so they will train you to remember stuff, remember questions and how to answer them. That is NOT the way to go. If you really want to learn your business and REALLY be a professional you should undestand the subject and know the subject so in my opinion you should go to a community college or University where they offer RE classes. The instructors are usually people currently in the business but they don have the agenda of assuring you pass the exam so you make money for them.\n\nIf you are looking for book to teach yourself it really depends on the state you live. Every state has different laws and regulations when it comes to RE. Check your local Department of Real Estate for your requirements.\n\nGood luck
933271
I would check with your accountant. I believe you have to prove that you have to prove you are in the real estate profession such as agent, property manager etc.
852563
If you did not sign a representation agreement that states specific time frames.  All you have to do is tell the Realtor you are going to work with someone else.  If you have a signed Real Estate Contract, the Realtor will be due the commission regardless.  \n\nI suggest speaking first to the Realtor's Broker or Manager and asking them to take over the day to day dealings.
633982
I have been in the real estate business in Central Florida for 27 years. I am a broker. I am guessing that you want to join the real estate industry to earn money. I can tell you that getting a real estate license is the easy part. Weaning money in this industry takes lots of training and lots of commitment. I can give you some suggestions about the many facets of the business but I would need to no more about you and your interest. If you need more help, write to Bruce at boatclub@go.com . Tell me more about your long term objectives in real estate.
84714
Are you educated in the matter?  If not, there are one-day college courses on real-estate at your local community college.  Once you're well informed and feel confident to self represent yourself, go for it!  It's cheaper.  Otherwise, leave it up to the experts to assist you.
595284
Most corporations hire big-time real estate companies.  The franchise I own is currently the #1 relo company in the United States.  Consider joining a company that already has a business relationship with these major industries.
1151748
yes it all depends on the state you want your real estate  license in ,or if you want you license at all ,if it is a money thing  you can try a local community collage, but the online school i used was \nLumbleau real estate school... anyway have fun\n\nFrank Camodeca\nColdwell Banker\nSunnyvale California
917401
You would have to transfer ownership of the house to the corporation. This would probably  be a taxable gain for the corporation so I don't think it would be a good idea.
471774
Yes you could have a joint account in the names of a corporation and the DBA name.