If a salesperson changes brokers, what must happen to their license?

When a salesperson changes brokers, their license must be transferred to the new broker. This process is important as it maintains the integrity of the real estate licensing system and ensures that the salesperson's activity is appropriately supervised under the new brokerage. The transfer of the license is a formal acknowledgment that the new broker assumes responsibility for the salesperson's work and compliance with state laws.

This also guarantees that the Commission has accurate records reflecting where the salesperson is currently working, helping to track the license's status and the adherence to regulatory standards. Maintaining this connection to the new broker is crucial for the continued legitimacy of the salesperson's real estate activities.

The requirement for a transfer ensures that all professional relationships are clear and organized, which is essential in the real estate industry for both consumer protection and regulatory compliance.