Neither of these diagrams represent the way our business is set up, nor how most of my colleagues have them set up. 

At the magistrate, a person can represent themselves and an officer of an entity like an LLC can represent the entity.

Representing buyers I have gotten some of the best deals when I'm negotiating with a discount broker.

I'm a licensed Realtor who represented myself in this transaction and I closed on a 4plex in Mesa Arizona beginning of June 2024 for $1 Million taking advantage of Fannie Mae 5% down ($50k) owner occupied loan ($950k loan) to house hack this property.

I've represented commercial buyers in Kennewick and other Tri-City and Eastern Washington towns like Wenatchee and Spokane.

I represented myself in the purchase as well as the sale!

I'm under contract on a property and representing myself.

How do you engage with family offices, have you worked or represented any for real estate investment?

meaning, do you want to be a traditional real estate business representing retail buyers/sellers?

., I don't think licensing is warranted because they aren't representing you or selling you actual investments.