Posted by Andrea on 5/31/06

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I am in the process of opening my own real estate
business. I am not a broker, but I have hired one who
will be conducting business on behalf of my company. I
have an business attorney involved in my contract writing,
but we are unsure of the real estate legality of the
contract set up. As I understand a broker must be a
member of the board of directors of the company, if the
company is not itself a broker. My question is in
relation to the contracts. Do the broker and real estate
agents need to have a separate contract and/or should the
real estate agents have a contract tied directly to me?

It doesn't seem that anyone knows the legality of the
issue.

New Real Estate Business , 5/31/06, by Andrea.

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