What must a licensee do if they wish to change their real estate brokerage?

A licensee must complete a transfer process established by the brokerage when they wish to change their real estate brokerage. This process typically involves obtaining permission from their current brokerage and ensuring that all necessary paperwork is completed according to the company's procedures. The transfer process protects both the licensee and the brokerage and ensures a smooth transition.

This requirement underscores the importance of adhering to the protocols set forth by brokerages, which may vary from one company to another. Brokerages have established these processes to maintain control over their agents and ensure that all client relationships and transactions are managed appropriately during the transition.

While notifying the Indiana Real Estate Commission or obtaining consent from clients may be part of the overall process, the primary obligation lies in following the internal procedures of the brokerage involved. Filing a new license application is unnecessary as the license remains valid, but the address of the brokerage may need to be updated with the commission once the transfer is completed.