The rise in popularity of working on a “team” within a brokerage has led to a rise in questions about how the Massachusetts laws and regulations apply to the team structure. Recognizing that there are no team-specific laws or regulations in Massachusetts, MAR worked closely with the Board of Registration to compile a list of frequently asked questions and answers about how teams may operate within the Commonwealth. These FAQs provide important guidance to licensees operating in a team. The FAQs provide answers to questions ranging from forming a corporation to escrow accounts, to advertising to the Mandatory Relationship Disclosure, and much more! You can find the FAQs on the Board of Registration of Real Estate Brokers and Salespersons webpage here.
Real Estate Teams FAQs Now Live!
January 27, 2021