What is a Brokerage?
I'm officially a liscensed real estate agent! Actually, it isn’t quite that simple. It turns out that the real estate industry is highly regulated and tightly controlled. Which is a good thing. There are a lot of ways that regular people, trying to buy a house, can get in trouble, and real estate agents are their first line of defense. After passing the test, you get what is called an inactive license until you join a brokerage. This is done to protect the consumer, so that everyone with a new license has someone to help and supervise them.