Typically your real estate license is held by your sponsoring broker. So in case you are changing your brokerage your license will be tranfered from the old broker to the new.
Check out the states below to see what applies to your case.
Choose the answer by state?
How to transfer real estate license to another broker in Alabama?
If you transfer brokers, you must notify the AREC you are moving from your current broker. Go to AREC Online Services to initiate a registration/transfer form.
How to switch real estate brokers in Alaska?
You must submit a change of license status application. Your terminating broker must sign and date your license. The new employing broker will also need to sign and date your license and submit the information required on the application form.
How to switch real estate brokers in Arizona?
If you transfer brokers, you must notify the ADRE you are severing from your current broker and request to be hired by your new broker. Your new broker must submit a Salesperson/Associate Broker Change Form or initiate the change through the ADRE online portal.
How to switch real estate brokers in Arkansas?
You need to fill out a real estate license transfer form and return it with a $30 fee. The form has three parts, one for your terminating broker, one for you to complete, and one for your new broker.
How to switch real estate brokers in Colorado?
Colorado requires you to notify them of the transfer. Go to the CDRE online portal and select the link titled “Transfer / Activate / Inactivate License.” You’ll need to include current E&O insurance information if it is not already recorded.
Can i switch brokers in Connecticut?
Any Connecticut real estate salesperson that transfers their sponsoring broker will need to fill out a transfer form. Fill out all sections of the form and send in a check or money order for $25 payable to the “Treasurer, State of Connecticut.” The department must process the form before you can begin working for the new broker. An updated license will be mailed to the main office of the sponsoring broker.
Can i switch brokers in Delaware?
You will need to have two different forms filled out. You'll need a statement of employing broker of record for the office that you are transferring to. You will also need a statement of current broker of record, which is completed by the office you are leaving. The change fee is $25 per event.
How to transfer a real estate license to another broker in Hawaii?
You need to notify the Real Estate Commission of the change. Download the change form, select “Change Broker,” and submit it to the Real Estate Commission. The fee is $10.
How to transfer a real estate license to another broker in Idaho?
Notify your current broker that you are going to be leaving their company. You can also go ahead and put your license on inactive status by going to the IREC online services portal. Your new hiring broker must go to online services and activate them under you.
How to transfer a real estate license to another broker in Illinois?
Anytime you wish to transfer managing brokers, you need to go to the online services portal. Indicate you are making a change and pay the transfer fee.
How to switch real estate brokers in Indiana?
Indiana requires you to notify them of the transfer. You can fill out a transfer of license online, saving you time and money. If your license transfer will require additional documentation, you’ll need to print and send in a reassignment form to the IPLA, following these directions.
How to transfer real estate license to another broker in Iowa?
You must turn into the Iowa Real Estate Commission a transfer form with the information about your prior employing broker and your new employing broker. There are no fees for transferring brokers through the My Iowa PLB system between brokers. The transfer will be complete once both Brokers electronically sign your transfer application request.
Can i switch brokers in Kansas?
Anytime you change supervising Brokers or your company affiliation, you need to log into Mylicense E-gov and select affiliation change. There is a $15 fee to activate an affiliation with a new company.
How to switch real estate brokers in Kentucky?
When you transfer principal brokers, you need to fill out the Acceptance And Release Form and pay a $10 fee to the Kentucky State Treasurer. On this form, you will be able to unaffiliate from a current principal broker and re-affiliate with a new principal broker. Both must sign the form.
Can i switch brokers in Louisiana?
Louisiana requires you to notify them of the transfer. Go to the MyLREC portal to find the transfer/termination sponsorship forms. Transfer fees cost $35.
How to switch real estate brokers in Maine?
To change your agency affiliation, you'll need to turn in a change of license application to the Maine Real Estate Commission. The processing fee is $20. Your new designated broker must sign the application.
Can i switch brokers in Massachusetts?
You need to record your affiliation with the Board of Licensing. The broker of record will complete a form called the affiliation notice located under the applications and forms link on the board's website. It can either be mailed or faxed to the Real Estate Board.
How to switch real estate brokers in Minnesota?
You can become associated with the new Minnesota licensed real estate broker by asking your new broker to apply for a transfer of license. You can transfer your license as long as your renewal deadline has not passed. If it has passed, you must meet all the continuing education requirements before your new broker can submit the transfer application.
How to switch real estate brokers in Mississippi?
If you change your employing broker, you must complete a salesperson transfer application. It must be signed by your current responsible broker, who must return your license to the MREC within three days of releasing you. The MREC prefers that this form, license, and the feet are sent together. You will also need to include your new responsible broker so the MREC knows who to issue your license to. There is a $50 transfer application fee payable to the MREC.
Can i switch brokers in Montana?
You'll need a change of broker form. The supervising broker transfer fee, when done by mail, is $40. If submitted online through the licensing portal, it has no fee.
Can i switch brokers in Nebraska?
The Nebraska Real Estate Commission has a licensing portal that enables you to fill out a broker transfer form. The broker transfer fee is $25. You also need an employee broker letter to employ. Make sure your continuing education and your insurance information are up-to-date.
How to switch real estate brokers in Nevada?
You’ll need to submit Form 505 first, the Termination of Real Estate Salesperson. Then you’ll need Form 504, Real Estate License or Permit Change, and a $20 change of broker/employer fee.
Can i switch brokers in New Hampshire?
You need to turn in a “Change of Managing Broker” form with a $20 processing fee. Include the original firm wall license and the pocket card of the old/new managing broker.
How to switch real estate brokers in New Jersey?
First, you need to submit a resignation letter to your current employer broker. They will go into Online License Services and deactivate your license. Next, your new managing broker must go into the system and request the transfer. There is a $25 transfer fee.
How to transfer real estate license to another broker in New Mexico?
You will need to fill out a New Mexico license transfer application. You need to provide information on the brokerage you are transferring from in The Brokerage you are transferring to. Make sure the transfer application includes your original license. Your qualifying broker needs to mail it in if your license is not inactive. There is a $20 transfer processing fee. You also need a copy of your errors and omissions insurance policy.
How to switch real estate brokers in North Dakota?
You need to fill out the Transfer or Activate License Request Form when you transfer North Dakota brokers. Your releasing broker and new broker must sign the form. The fee is $50 and can be paid online here. Otherwise, you can send a check or money order payable to the NDREC.
Can i switch brokers in Ohio?
Fill out the Transfer/Reactivation request form and pay a $34 processing fee.
How to switch real estate brokers in Oklahoma?
Any request to transfer to a new brokerage needs to be submitted through the licensing portal. The transfer fee is $40.
Can i switch brokers in Oregon?
Oregon requires you to notify them of the transfer. The Principal Broker at the new business must log in to eLicense to transfer your license to their agency.
Can i switch brokers in Rhode Island?
The transfer application fee costs $25. You need to turn in a change and real estate brokerage affiliation with a certificate of errors and omissions insurance showing you are current. Your new employing broker must sign the form.
How to transfer real estate license to another broker in South Dakota?
You will need to file a Change Of Association/Address Form with the South Dakota Real Estate Commission. Your current and new responsible brokers will need to fill it out. The change fee is $15 per license.
How to switch real estate brokers in Vermont?
When you transfer your affiliated broker or brokerage, you need to complete a change of information request with the Office of Professional Regulation. You can print the form, or you can go to online services to complete it. Your releasing broker needs to sign the form. It will take 3 to 5 days to process. The transfer fee is $25.
How to transfer real estate license to another broker in West Virginia?
Fill out a Change of Broker form and submit it to the West Virginia Real Estate Commission. The change fee is $20. The form must be notarized and have the signature of your current broker.
How to transfer real estate license to another broker in Wyoming?
You’ll need to complete a Transfer of Salesperson License form and send it to the Wyoming Real Estate Commission. There is a $30 transfer fee. Include your proof of errors and omissions insurance.