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Updated almost 8 years ago on . Most recent reply
Can I use the name Realty in my company name
I am a new investor in real estate and had a concern come up with a real estate agency I am closing a deal with. After the agent I'm working with on the deal spoke with her broker she indicated I was not able legally to use the name Realtor in my business name being that I am not a licensed real estate agent. I work out of Virginia and wondered if anybody knew if this was true I am in the process of changing the name of my company just in case.
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Yes that is true in most states. The word Realty typically denotes an independent real estate brokerage. The words use in a business name is restricted in most states via that states real estate commission. Where it is you have to be an independent brokerage.
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