Senior Care Realty enjoys working with other brokers. Our cooperation policy is spelled out in general on our website in the section for Brokers.
In some states, there are limitations about how local brokers can cooperate with out of state brokers. This article addresses the limits, or lack of limits, for Florida brokers cooperating with Senior Care Realty.
There are many places to find detailed language about what is and isn’t allowed when Florida real estate brokers do business. One of the places to look is in Florida Statutes, which spell out the law when it comes to what real estate brokers can and cant’ do.
Chapter 475 of the Florida Statutes deals with Real Estate Brokers, Sales Associates, Schools and Appraisers. In section 475.25(1)(h), the statute says:
“…a licensed broker of this state may pay a referral fee or share a real estate brokerage commission with a broker licensed or registered under the laws of a foreign state so long as the foreign broker does not violate any law of this state.”
This topic is likely addressed in other places in Florida real estate regulations. However, based on this reference in the Florida Statutes, Senior Care Realty follows its normal procedures for cooperating with brokers in the State of Florida.
Senior Care Realty, or its principal owners, have been licensed in its home state of Wisconsin since 1983, and we enjoy cooperating with real estate brokers in the Sunshine State.