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Updated over 4 years ago,
Considering benefits/issues of agents working under RE license
I'm interested in learning about associated expenses, taxes and insurance needed if I engage with new agents and allow them to use my RE broker's license in California. I'm just a sole proprietor at this point, so any advice on the best entity would he helpful as well. Finally, how do you determine an appropriate split for agents? Based on experience? Or tiered based on volume? Curious to hear from members the are RE brokers with agents working under them.
Thanks-
Chris