Required Licenses

Required Licenses

• Real Estate License: Must complete a state-approved real estate course, pass the state exam, and submit a background check.
• Business License: Must apply for a general business license with the local government and pay the applicable fees.
• Contractor License (if applicable): If providing renovation services, a contractor’s license may be required, which includes proof of experience and passing a licensing exam.

Insurance Requirements

• General Liability Insurance: Minimum coverage of $1 million per occurrence to protect against claims of bodily injury and property damage.
• Professional Liability Insurance: Coverage to protect against claims of negligence or errors in the services provided, typically starting at $1 million.
• Workers' Compensation Insurance: Required if you have employees, covering medical costs and lost wages due to work-related injuries.

Training Certifications

• National Association of Realtors (NAR) Certification: Completion of NAR training programs and adherence to ethical standards.
• Home Staging Certification: Certification from a recognized organization, demonstrating expertise in staging homes for sale or lease.
• Property Management Certification: Completion of property management training programs that cover tenant relations, leasing, and maintenance.

Local Business Permits

• Zoning Permit: Verify with the local zoning office that the business location complies with zoning laws for real estate services.
• Sign Permit: Required for any signage advertising your real estate services, which may require approval from the local government.
• Sales Tax Permit: If applicable, register for a sales tax permit if your services require sales tax collection.

Please ensure to check with local authorities and relevant organizations for the most up-to-date information and specific requirements related to your location.