Nord-East Realty Group, LLC
I remember in real estate school they did not discuss the "virtual office" I though a storefront was a requirement.
David Rogoff and Bonnie Chernin
Fillmore Real Estate Branch #19
Brooklyn NY 11210
917-593-4068 - David mobile
646-318-5031 â€“ Bonnie mobile
Real estate is a highly emotional business where brokers and agents need to hand hold the clients from start to finish, especially in this market. Clients want interaction in person, and a place they can visit you on the spur of the moment for questions, concerns, drop of documents.
I know I would never want to do business with a real estate office that I can only talk to over the phone and never visit the office. You should call the New York Department of State to ask the legal aspects of this question.
Having a virtual online office/company/presence is one thing, having a real estate sign hanging outside your home, and using that address in your ads, business cards, promotional materals etc, is something else.
As a commercial business, however, you don't need a storefront office with desks, per se. There is a newer company near me that rents space in an attorney's office and they use that as their "base" of operations - perfectly legal here - it's not a storefront, nor does it accommodate all the agents on their roster. But, it is in a commercial building, not a residence.
I beieve, unless I am wrong, that Recurious is asking whether he can use his home as as an office....not whether he has to have a physical office as a base.
Anna touched on what is required to obtain a Broker's license - that's anorher issue mentioned here - so there are various points that Recurious brought up.
Bottom line, Recurious - now that so many (confusing) opinions have entered the discussion, and considering your question has various aspects to it....... - follow Mitchell's advice - google it or call the state agency for a definitive response to your questions.
To get the correct answer you need to contact the New York State Department of State Division of Licensing Services. You can Google it.
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783