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Updated over 2 years ago,

User Stats

6
Posts
1
Votes
Joseph Palakeel
1
Votes |
6
Posts

How do I make my LLC into a brokerage?

Joseph Palakeel
Posted

Hello fellow people of BP! I am looking to get my broker's license in Illinois so that I can manage/lease rental properties (for myself and other owners) so not really as interested in the sales aspect but I want my LLC to be a brokerage so that I am not working under a different managing broker and paying fees. Would anyone be able to clarify how I can make this happen or is this even possible? I know that if you are a managing broker (broker for two years and extra coursework) you can also act as the sponsoring broker but are there any work arounds for the time being?

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