Sentences with phrase «separately licensed brokerage»

The terms «Realty» and «Real Estate» may not be used in a team name as they may give the impression of being a separately licensed brokerage.

Not exact matches

In situations where licensees have formed teams, the distribution of remuneration must be done by the brokerage; that is, the licensed team members (or their respective personal real estate corporations) must be paid separately by the brokerage, not by one of the team member's personal real estate corporations.

And, in fact, the Council has become aware that over the last few years, an increasing number of licensees are doing just that: setting up unlicensed companies that operate separately from the brokerages with which they are licensed, in order to provide project marketing solutions to developers.