Tripped Up On Trading?
Don’t get confused as a new salesperson about when can you trade.
- First, you can’t trade in real estate directly; you can only trade on behalf of your employing brokerage. The brokerage is the agent, not you. It’s a very important legal distinction that can pop up in exam questions.
- Second, be clear about when you can starting trading on behalf of your employing brokerage. It’s not when your registration is approved or when the RECO insurance premium is paid—it’s when the registration certificate is received by your employing brokerage and then given to you.