Multiple and Group Licenses

Multiple and Group Licenses - This is a classic mix-up area. Just remember: Brokers get Multiple; Associates get Group. A licensed Broker who wants to be the "Broker of Record" for two or more separate brokerage companies. Maybe they own "Sunshine Realty" and "Moonlight Property Management." They need a separate license for each business entity to ensure they are legally responsible for both. Sales Associates and Broker Associates cannot hold multiple licenses. They can hold a Group License if they are working for an Owner-Developer. Developers often own different projects under different names (e.g., "Miami Condos LLC" and "Orlando Homes LLC”). How it works: The associate has one license, but the "owner-developer" registers them as valid to sell for all the affiliated entities in that group. It technically links them to the "group" of companies owned by that one developer.