A. Yes, under the Real Estate Law, a broker-associate can work in the capacity of a salesperson for another responsible broker(s) and also work as an independent broker. However, an affiliation agreement signed by the responsible broker and the broker-associate may prohibit such activity.
What disqualifies you from getting a real estate license in California?
A - All criminal convictions, whether State or federal, if committed by an applicant for a real estate license or by a real estate licensee, are subject to DRE's review for licensure, denial or discipline.
How many types of real estate licenses are there in California?
California Real Estate and Financial Services License List
|Real Estate Appraisers
|Bureau of Real Estate Appraisers (CalBREA)
|Real Estate Brokers and Salespersons
|Department of Real Estate (DRE)
|Residential Mortgage Lenders
|Department of Financial Protection and Innovation (DFPI)
Can a California realtor practice in other states?
Is it okay to work with multiple brokers?
Working with multiple brokers can be a smart strategy to diversify your portfolio, access different markets, and compare services and fees. However, it also comes with some risks and challenges that you need to be aware of and manage carefully.
Does seller or buyer create contract?
In a usual real estate transaction, the buyer and sellers' agents or attorneys would be the ones involved in creating the legal contracts. However, in FSBO cases, the drafting can go down in one of different ways: The seller drafts the contracts themselves.