Are you searching for ways to grow your real estate business in Texas? If so, hiring a designated broker is the way to go.
By hiring a designated broker, you will finally be able to hire employees, and pay commissions, without having to go through the investing the time and money into doing everything yourself.
Imagine, finally being able to help your customers buy or sell real estate in Texas without having to pass those leads off to another agency because you don’t have a presence in Texas.
How Does Our Program Work?
Your Texas Broker Sponsor of Record monthly fees will not start until your company is fully licensed.
Texas Broker Sponsorship for your company as a real estate Broker and first licensed agent.
Texas Broker Sponsorship for your company as a real estate broker and up to five (2-5) agents.YourBroker will match the price of any other Designated Broker.
It is important to be conscious of startup costs as you prepare to begin your journey with YourBroker. Start-up cost estimates for Real Estate Broker Sponsorships in Texas are below. These start-up costs are sourced from various governmental and private entities, as such prices are subject to change. Start-up costs will be less if you already have an LLC or Corporation with or without a broker’s license.
One-Time Initial Start Up Cost for the State of Texas
Cost Description -0- Fee to set up your LLC from the Department of State ($99 from Legal Zoom) $306 State filing fee for new Texas LLC $650 E&O Insurance for Your LLC (Varies by Provider) $325 Application for Broker License by a Business Entity in Texas -Varied- Join an Association of Realtors (if you are not already a member) -Varied- Open an MLS office account and personal MLS account (if you don’t already have one)
$1281+ Total Initial Costs (probably less than one commission split with your current broker)
To get started with our designated broker program, so you can start growing your real estate business in Texas, contact us at (512) 200-5853 or click here to connect with us online.