Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Anyone here list foreclosures under a DBA?
Trying to get an understanding of a DBA and how it works with REO companies. I'm looking to join a Brokerage using a DBA. Does the DBA allow me to be in full control of my REO accounts? In most applications, they ask who the broker is. If I work for 'Remax dba X Realtor' will I be allowed to enter the broker for X Realtor or will it be the Remax broker?
I'm a broker associate for 2+ years now. I'm looking into opening my own independent office. The advantage as far as foreclosures go is that the listings belong to me. Several REO companies only allow the principal broker to apply. Right now whatever accounts I have stay with my former broker because like all agreements, they belong to the broker not the associate. My only concern is if I decide on a different business strategy where I have to leave Remax in the example, will those accounts belong to Remax or to dba X Realtor.