Residential Broker needs to get the commercial broker license first?

Residential Broker needs to get the commercial broker license first if their agents want to submit offer to commercial broker?? Or agent can submit offer even if the broker only has residential broker license, thanks.
In General Area - Asked by Linda C. - Sep 11, 2013
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Answer(s)

Michael L.
Broker/Agent
Altadena, CA

In California there is just one RE license. Check with your State RE department

Sep 11, 2013
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Sean D.
Sarasota, FL

In most states, there is just one real estate license. You can certainly achieve specific designations within your chosen niche. An example would be a CCIM for commercial.

Sep 12, 2013
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Gregory G.
Broker/Agent
San Francisco, CA

A real estate license is a real estate license. No distinction is made between commerical and residential. One size fits all.

Sep 12, 2013
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Steve C.
Troy, MI

yes there is just one real estate license. agents can submit anything. principal or non principal associate brokers should sign all listing agreements agency disclosures and closing statements. the broker is the nonliving corporate entity does not sign anything. both agents and associate brokers are licensed under the nonliving corporate entity. the state issues a broker license to the non living corporate entity and an associate broker license or agent license to the living human individuals. lol

Sep 14, 2013
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Patricia S.
Broker/Agent
Orlando, FL

In Florida there is only one real estate license. I would go for the CCIM once you get enough deals under your belt. I would definitely start off in a commercial firm if you plan on specializing in commercial properties. They are two different worlds and you will need to get a lot of hands on real world experience selling and leasing commercial properties before you can go on your own or work in a residential firm as the commercial associate.

Oct 21, 2013
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Yanni R.
Lender/Mortgage Broker
Sherman Oaks, CA

Hello Linda! Since you are in California, you would not need to worry about that. Like most states there is only one RE Brokers License.

Nov 8, 2013
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Caren K.
Broker/Agent
Jersey City, NJ

There is the same license for both residential & commercial brokers but the designation is different. Working for both are some things different.

Nov 8, 2013
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