You will not be able to call yourself a Realtor - but that should not affect your ability to do business as a business broker.
It is probably NOT worth the multi layered fees to affiliate if you already are doing business. Most associations are not set up to assist business brokers to the same extent as resale residential.
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Licensed in Maryland, Virginia and Washington, D.C.
Assisting Homebuyer's and Seller's for 28 years
I would contact the local real estate board and ask. You would think they are going to say YES YES YES, but most are very honest and upfront with you. This is the safest road to take, and it's only a couple of minutes on the phone.
Thanks for the clarification.
I looked into Business Brokerage a long time ago and I was told about the real estate inclusion/exclusion requirement (e.g., web hosting company that rents w/o owning real estate) and that since most business sales involved the sale of real estate, it would be prudent to get your license.
Things may have changed since then...and another sign of an aging brain!
I think this question would be bettered answered by the Georgia Real Estate Commission or the Department of Revenue in Savannah.
Best of luck to you!
It is my understanding that if you sell a business in the state of Georgia whether there is real estate or not you are required to have a Real Estate License. In other words, if you are a Business Broker in Georgia you are required to have a Real Estate License.
Thanks for your input!
I believe you need a real estate license in Georgia in order to sell real estate along with the business itself. Otherwise, I understand that if a business sale does not involve the sale of real estate, that you don't need a real estate license...Does that sound correct?
Anyway, I believe all you need to do is "hang" your license with a Georgia Real Estate Broker, but that may be the minimum to practice real estate and you don't need affiliation in the state or local real estate lobbying organizations (i.e., associations of realtors)...but you may miss out on some benefits like being informed about changes in legal/realty practice issues and free or reduced cost CE classes. So it might be a benefit to join one of them...
Anyone else have any thought about the pros and cons of joining an organization?
Good luck and let me know if I can ever be of service.