LLC Sponsorship

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If you have thought about owning your own brokerage, but do not want to spend the money getting a broker’s license, let us sponsor your company as the designated broker. You will own the company, hire agents, set your own commission splits, and brand the company with your own name. This is your opportunity to run your own company without needing the broker’s license.

• File a Certificate of Formation with the Secretary of State in Texas
• Obtain an EIN number from the IRS
• Obtain a $1M E&O Insurance Policy
• Obtain a bank account for the LLC
• Sign your LLC Sponsorship Paperwork
• Submit you application for a Licensed Entity with TREC
• Receive Your License
• Setup a MLS Account
• Open the brokerage

 
We give you a step by step guide to get you through this process!

The benefits of an LLC Sponsorship are below.  You would be owning a fully licensed LLC and brokerage.  This option is for someone looking to own their own business.

• Hire your own agents
• Set your own commission splits
• Get the technology that's important to you
• Issue your own CDA for you and your agents
• Build your own brand
• Run your very own successful business

Yes, we require that you have some completed transactions before owning your own brokerage. You will be responsible for compliance and training your agents. You can't successfully run a brokerage without some experience.

• Filling for a Certificate of Formation - $300
• Application for Brokers Entity License - $235
• Bank Fees - $30/Month
• Building Fees - Depends on if you will have a brick and mortar location
• Yard Signs - You will need to buy yard signs for your brokerage
• LLC Sponsorship Fees - Our fees for sponsoring your company
• Software for Accounting and Transaction Management
• Cost of an MLS Office Account

Monthly Fee: $150 for first agent sponsored

$200/Month for 5 Sponsored Agents 

$50/Month for each additional agent sponsored (One agent free for every 5)

We sponser LLCs anywhere in the state of Texas