A new broker must have two years of experience to become a sole proprietor and must take additional management training to
employ other brokers.
One firm may
employ other brokers but the leader is known as a principal broker.
The broker who leads a brokerage is known as a principal broker or broker of record, and he can
employ other brokers or agents at the firm.
Not exact matches
Most
brokers will
employ a separate set of researchers for analysing the technical aspects and
others employed solely to study the fundamental factors.
There can be
other brokers employed at such a firm but the lead
broker is known as principal or
broker of record.
Many analysts are perceived to have had conflicts of interest because, among
other things, the investment banking departments of the
broker - dealers
employing these analysts, benefited because the recommendations were essential if the investment bankers were to keep, or develop, relationships with present or potential issuers.
Broker (Real Estate) A person who has a real estate
broker's license, who may not only make real estate transactions for
others in exchange for a fee, but also may operate a real estate business and
employ salespersons and
other brokers.
If a Sales Representative has left Legacy and signed with another brokerage and has asked the seller to reassign their listing, that agent would be in breach of the REAL ESTATE AND BUSINESS
BROKERS ACT, 2002 Code of Ethics» (2) If a
broker or salesperson knows or ought to know that a buyer or seller is a party to an agreement in connection with a trade in real estate with a brokerage
other than the brokerage that
employs the
broker or salesperson, the
broker or salesperson shall not induce the buyer or seller to break the agreement.».
«Today's business model has definitely reduced the number of
brokers we
employ and raised the number of
other professionals in our group,» says Anthony Buono, managing director of retail services for CB Richard Ellis.
Brokers can own their own businesses and
employ other salespeople.
In addition, Acme's property management services must be supervised by a managing
broker who is licensed to provide rental property management services and all
other persons
employed by Acme as leasing or rental agents must be licensed as representatives (or associate
brokers) to provide rental property management services under RESA.
(3) To prevent infringements by foreign
brokers or any
other unauthorized person, or Company not 100 percent owned by Bahamian Nationals, to transact the business of real estate brokerage or, in the case of a Company not 100 % Bahamian owned, to
employ brokers, and benefit financially thereby.
Salespersons believe they may work independently in the transaction when they are negotiating with a different salesperson
employed by the same
broker who is representing the
other party to the transaction.
MLSs now have until July 1 to
employ the VOW rules, which cover how
brokers present listings from
other brokers in a virtual office.
Often the target of the alleged boycott is a
broker that
employs a «discount,» «alternative,» or
other non-traditional commission / compensation arrangement with clients.
In addition, the Bill will amend the Real Estate and Business
Brokers Act, 2002 to permit a brokerage to pay commission or
other remuneration to a personal real estate corporation of an individual
broker or salesperson that it
employs.