Household Real Estate partners real estate and property management firms with qualified brokers in every state, this streamlining licensing and compliance. Our service simplifies human resources, hiring, and continuing education. Our approach is more cost-efficient than employing brokers directly.

Expansion
Licensing for property management poses a significant barrier to entry for regional firms aiming to expand into new states. With our extensive network of broker affiliates, streamlined licensing process, and proprietary licensing and compliance software, we are equipped to support your growth seamlessly, minimizing downtime and maximizing efficiency.

Compliance
Partnering with Household Real Estate, LLC. goes beyond securing a license. We provide comprehensive support, including internal audits to ensure property compliance, as well as timely updates and training on regulatory changes. Our goal is to be your trusted partner, guiding you every step of the way.

Collaboration
At Household Real Estate, LLC., we collaborate closely with your team to achieve licensing and compliance in each state by:

• Assigning or recruiting a qualified broker from our affiliate network;
• Simplifying the licensure process by handling the necessary paperwork for real estate commission applications;
• Ensuring ongoing compliance through resources, training, and regular updates.

Let us help you navigate the complexities of expansion and compliance with ease.

Navigating the shifting landscape of real estate commission requirements can be overwhelming, especially with the substantial differences between states. Keeping up with these changes and ensuring compliance can quickly become a full-time responsibility, diverting attention from the core operations of your business.

What are your options?

Renting a Broker’s License: Some firms choose to “rent” a broker’s license, paying a broker a fee to allow their firm to become licensed. However, obtaining a license is only one piece of the puzzle. Brokers have critical responsibilities, such as supervising both licensed and unlicensed employees, creating policies and procedures manuals, and keeping your team updated on the latest regulatory changes. Without these essential services, your firm could risk non-compliance, which may lead to fines, penalties, or even legal challenges during an audit.

Employee Brokers: While hiring employee brokers may seem like a straightforward solution, this approach comes with its own set of challenges. Most states require a minimum of two to three years of entry-level experience before a candidate is eligible to earn a broker’s license. Even seasoned employees must complete 40-200+ hours of education and continuing education courses, pass exams, and stay up-to-date with industry standards. Additionally, employee turnover is a significant concern, with many firms facing staffing challenges in this area. Can you afford to have key employees spend substantial time away from their regular duties to meet these extensive requirements?

At Household Real Estate, LLC., we provide a comprehensive and specialized solution to handle these complexities, ensuring your firm stays fully licensed and compliant without the hassle of hiring or managing brokers directly.

Here’s what we do:

• Specialized in Commercial Property Management: We focus exclusively on the commercial real estate sector, including multifamily residential properties with 50+ units. We do not provide services for single-family residential or vacation rental properties, nor do we support mortgage services sectors.
• National Coverage: Whether your firm operates in one state or manages a national portfolio, we have the expertise to guide you through each state’s licensing and compliance requirements.
• Dedicated Compliance Support: We conduct detailed compliance assessments to identify any vulnerabilities in your business operations. Our experts will provide actionable recommendations to address potential risks, ensuring your firm remains in full compliance with state regulations.
• Streamlined Licensing Process: Our team will manage the entire licensing process on your behalf, from gathering the required documents to submitting applications to the state. This saves you time and ensures that the process is handled efficiently and accurately.
• Compliance Management – Live review of licensing and compliance activities. Our exclusive process is utilized for tracking licensing and compliance. This process is designed to keep you updated on regulatory changes and ensure ongoing adherence to state laws.
• Empowerment through Education: With access to our Compliance Guidelines for Property Management and Policies and Procedures Manuals, your team will be equipped with everything needed to manage compliance effectively. Our research is tailored to each state’s specific regulations, ensuring you have the most current and relevant information.
• Ongoing Training and Updates: We don’t stop at compliance. We offer bi-weekly check-ins until your firm is fully compliant in each state, followed by quarterly and annual training and updates to ensure your team stays informed of new laws, regulations, and industry best practices.

At Household Real Estate, LLC., we eliminate the stress and uncertainty associated with managing brokers, hiring staff, and staying up-to-date with ever-changing regulations. Our comprehensive solution allows you to focus on growing your business while we handle the complexities of compliance and licensing. Let us be your trusted partner in managing compliance, so you can continue to thrive in the competitive real estate market.

How We Ensure Compliance:

• We provide customized compliance checklists for your property and branch teams, tailored to their state and business operations.
• We work closely with your marketing or web team to ensure all online and print advertising meets current real estate licensing laws, which are constantly evolving.
• We conduct routine internal audits to help your team stay prepared for any audits by the real estate commission.
• We keep you and your staff updated on important regulatory changes that could affect your business.
• We take care of all the paperwork to ensure your corporate and branch licenses are renewed on time.
• We’re always here to answer your questions and address any concerns—just reach out.

Why Licensing Matters
In nearly every state, companies managing commercial or multifamily properties must hold a real estate broker’s license—even if the properties are owned by your firm or an affiliate. To meet this requirement, your business needs a licensed broker to act as your Designated Broker, Broker of Record, or Qualifying Broker.

Securing a broker’s license isn’t easy. Without an existing employee who’s already licensed in the state where you operate, the process can take years. It involves accumulating significant experience, completing hundreds of hours of education, and passing a challenging exam. Once licensed, your broker must also stay on top of continuing education and ensure ongoing compliance with ever-changing real estate laws—all while managing their regular workload.

Some companies consider hiring an external broker to “hang their license” with the firm. While this might seem like a quick solution, it comes with risks. Broker supervision requirements vary by state and are frequently updated. If your Broker of Record fails to provide proper oversight, your firm could face serious consequences, including fines, legal action, or even the suspension of your corporate license. An audit by the real estate commission could jeopardize your entire operation.

At Household Real Estate, LLC, we offer a better way. We match your firm with a licensed broker from our network, ensuring you meet all licensing and compliance requirements in every state where you operate—all at a cost that’s more affordable than you might expect. If the lack of a broker’s license is the only thing stopping you from managing your own properties, we’ve got you covered. Let us handle the red tape so you can focus on what you do best.