Transacting Real Estate as an Licensed Individual in California

[Jason Mak]

Hi BP,

Have a question that I can't seem to find the answer to anywhere else.  I'm an investor but I recently became a licensed real estate broker and realtor in California.

My current management/investment company is an LLC so I can't legally hang my broker's license on that company.

Can I simply purchase E&O insurance for myself and practice as an individual without joining another brokerage company?

Or is it recommended that I start a brokerage company for the purpose of transacting?  Some benefits into doing this would be that I would look more professional and I could one day hire agents, but what else?

[Larry Cabading]

Jason, I signed up with an e-broker and pay $495 for each transaction. They have escrow, transaction coordinator, free website, and more. I'm a Ca. Broker Associate and I don't have the time to manage other agents, training, their headaches etc.  

Premier Realty Associates

Call me for more information or PM me.

Larry 619-954-0494