Read our Broker of Record Agreement

FAQ

What exactly do you do?

We put our broker license on your DBPR filing so you can legally operate a real estate brokerage in Florida. We file Form RE 7 to register your company and Form RE 13 to name us as your qualifying broker. That is the entire service.

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How much does it cost?

$200/month with a $300 one-time setup fee. $100/month for each additional agent. No commission splits, no franchise fees, no hidden costs.

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Do you supervise my agents or review my deals?

No. We do not supervise agents, review transactions, handle escrow, provide training, or participate in your business in any way. You are fully responsible for running your brokerage and complying with Florida law.

What do I need to get started?

An active Florida real estate license (SL or BK) in good standing, a $1,000,000 E&O insurance policy naming us as additional insured, an LLC or corporation registered on Sunbiz.org, and a separate business bank account.

Do I need my own broker license?

No. That is the whole point of this service. We provide the qualifying broker so you can operate without having a BK license yourself.

Are there long-term contracts?

No. Month-to-month. Either party can terminate with 30 days written notice. We file Form RE 13 to remove ourselves and you stop paying.

How long does the process take?

The application takes about 5 minutes. Once you sign the agreement and pay, we file with DBPR. Processing typically takes 2 to 4 weeks.

Do you take a percentage of my commissions?

No. Your commissions are 100% yours. We charge a flat monthly fee only. No splits, no desk fees, no transaction fees.

Can I use my own company name and branding?

Yes. Your company, your brand, your identity. We are behind the scenes on paper only. Your clients will never know we exist.

What is the difference between "broker of record" and "designated broker"?

Same thing, different names. Both refer to the licensed broker whose name is on file with DBPR as the qualifying broker for your brokerage.

What happens if I get my own broker license later?

We help you transition. We file the paperwork to remove ourselves and you take over as your own qualifying broker. No penalties.

Who handles escrow and trust accounts?

You do, but not under our license. Per our agreement, all escrow must go through a licensed title company, attorney, or third-party escrow agent. You may not hold escrow under our license.

What E&O insurance do I need?

$1,000,000 minimum coverage with us named as additional insured. After termination you must either continue the policy for 2 years or purchase a 2-year tail endorsement.

What if I get a complaint or regulatory issue?

You handle it. Per our agreement, you must notify us in writing within 5 business days of any claim or regulatory matter. You are responsible for your own compliance and any fines or penalties from DBPR.

What is the setup fee for?

The $300 covers DBPR form preparation, filing with Tallahassee, Sunbiz coordination, and onboarding your brokerage into our system.

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