Frequently Asked Questions

LLC Sponsorship

How Does It Work:


An LLC is created with the Secretary of State and then licensed by TREC as a Business Entity LLC Brokerage. One of Drop Your Broker’s principals serves as the sponsoring broker to the LLC and the LLC serves as broker to the agents. The owner (usually the person making this request) owns the LLC/Brokerage. Drop Your Broker has no ownership in the LLC. A Drop Your Broker’s Principal is listed as a managing member (this is required by TREC) and serves as sponsoring broker for you.

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