# 50 State Brokerage — Complete Reference

> Nationwide real estate brokerage infrastructure for PropTech companies and institutional investors. Licensed in all 50 states and the District of Columbia.

Website: https://50statebrokerage.com
Email: hello@50statebrokerage.com
Phone: 720-784-8121

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## About

50 State Brokerage provides comprehensive multi-state real estate broker licensing, compliance consulting, and transaction services for modern real estate companies operating at scale. We serve as managing broker, designated broker, broker in charge, broker of record, and employing broker across all 51 jurisdictions—enabling real estate market entry and broker expansion into new states without licensing delays.

## Key Facts

- Licensed in all 50 states + District of Columbia (51 jurisdictions)
- $1B+ in transactions enabled
- 75,000+ transactions completed
- 1,000+ projects supported
- 100+ MLS memberships
- 200+ licensed partners
- 99% target market coverage

## Services

### Licensing as a Service
Managing broker, designated broker, broker of record, broker in charge, and employing broker coverage across all 51 jurisdictions. Skip months-long license applications and enter new markets immediately. We maintain all licenses, renewals, and continuing education requirements.

### MLS Data & Infrastructure
Access to 100+ MLSs covering 99% of targeted investment markets. Property data for underwriting, modeling, and asset management. Millions of historical property records across virtually every US market.

### Transaction Support
Acquisitions and dispositions at scale with lockbox access, referral networks, and streamlined workflows for high-volume institutional programs. $1B+ in transactions enabled across 75,000+ completed transactions.

### Compliance Advisory
Multi-state broker compliance consulting, state regulatory navigation, and ongoing oversight to keep your operations compliant in every jurisdiction. License renewals, CE tracking, trust account oversight, and audit support.

### Complaint Management
AI-driven complaint volumes are rising as friction disappears from the filing process. We provide end-to-end complaint intake, response, and resolution management to keep your brokerage compliant and protected. Powered by AkiaShield (https://akiashield.com) for AI complaint compliance.

## Common Search Terms

Companies looking for our services typically search for: multi-state real estate broker licensing, broker of record for expansion, real estate broker expansion consultant, managing broker license multi-state, broker compliance multi-jurisdiction, real estate broker state licensing strategy, broker licensing consultancy, real estate broker state regulatory navigation, real estate broker state reciprocity, broker licensing requirements by state, real estate broker compliance consulting, designated broker services, employing broker California, broker in charge North Carolina, qualifying broker Alabama, principal broker Oregon.

## Clients

We serve PropTech companies, institutional SFR investors, property management firms, REITs, and real estate technology platforms including Pagaya, Homebot, Darwin Homes, Divvy Homes, Unison, and Evergreen.

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## Use Cases (Vertical Pages)

### PropTech Companies
URL: https://50statebrokerage.com/proptech
Turnkey brokerage infrastructure for PropTech platforms. We handle licensing, MLS access, and compliance across 51 jurisdictions so you can focus on building your technology. Supports iBuyers, rent-to-own platforms, home equity investment companies, property management technology firms, real estate marketplaces, and investment analytics platforms.

**FAQs:**
- Why does my PropTech company need a real estate license? → If your platform facilitates real estate transactions, most states require a licensed broker to oversee those activities.
- How does 50 State Brokerage integrate with PropTech platforms? → We provide turnkey brokerage infrastructure that sits behind your technology with API-friendly workflows and MLS data access.
- Can you support our expansion into new states quickly? → Yes, we already hold active licenses in all 50 states plus DC — no waiting period.
- Do you provide MLS access for data needs? → We maintain memberships in over 100 MLSs covering 99% of targeted investment markets.
- What PropTech verticals do you support? → iBuyers, rent-to-own, home equity, property management tech, real estate marketplaces, and investment analytics platforms.
- How do compliance requirements differ by state? → Every state has unique rules. Our compliance team manages all 51 jurisdictions.

### SFR Institutional Investors
URL: https://50statebrokerage.com/sfr-investors
Broker of record services for institutional single-family rental investors. Acquisitions, dispositions, property management oversight, and BPOs at scale across every US market.

**FAQs:**
- Do I need a broker license to buy/sell SFR properties? → Yes, virtually every state requires a broker license for real estate transactions on behalf of an entity.
- What brokerage services do SFR investors typically need? → Broker of record for acquisitions, dispositions, PM oversight, BPOs, CMAs, and MLS access.
- Can you act as broker of record for property management? → Yes, many states require a licensed broker to oversee PM activities.
- How do you handle high-volume acquisition programs? → Built for scale — hundreds or thousands of transactions per year across multiple states.
- Do you provide BPOs and CMAs? → Yes, through 100+ MLS memberships nationwide.

### Commercial Brokers
URL: https://50statebrokerage.com/commercial-brokers
Broker of record for commercial real estate brokers who need to close transactions in states where they're not licensed. One-off or recurring arrangements with no long-term commitment.

**FAQs:**
- How can I complete a transaction in a state where I'm not licensed? → Partner with us as your broker of record — we hold active licenses in all 50 states plus DC.
- How long does it take to set up? → Typically within days, not the weeks or months required for your own state license.
- Do I need a broker of record for a single commercial transaction? → Yes, if you're earning a commission in a state where you don't hold a license.
- What types of commercial transactions do you support? → Office, retail, industrial, multifamily, mixed-use, land, portfolio dispositions, and 1031 exchanges.

### REO Disposition
URL: https://50statebrokerage.com/reo-disposition
Nationwide REO disposition brokerage for banks, servicers, and asset managers. List and sell bank-owned properties in every state with rapid listing capability and institutional compliance. Compliant with HUD, VA, Fannie Mae, Freddie Mac, and major servicer guidelines.

**FAQs:**
- What is REO disposition and why does it require a broker? → REO is selling properties acquired through foreclosure; every state requires a licensed broker for listing and selling.
- Can you handle REO disposition across all 50 states? → Yes, with active licenses and MLS memberships nationwide.
- What types of REO properties? → Single-family, multifamily, commercial, industrial, and vacant land — single assets or bulk portfolios.
- How quickly can you list an REO property? → Typically within days of assignment — no waiting for license approvals.

### Build-to-Rent
URL: https://50statebrokerage.com/build-to-rent
Brokerage infrastructure for build-to-rent developers and investors. Land acquisition, bulk dispositions, lease-up licensing, and property management compliance across all 50 states plus DC.

**FAQs:**
- What is BTR and why does it need a broker? → BTR is purpose-built rental housing; many states require a licensed broker for land acquisition, dispositions, and lease-up operations.
- Can you support BTR acquisitions in all 50 states? → Yes, with active licenses in all 51 jurisdictions.
- Do you handle bulk dispositions of BTR communities? → Yes, including single-community and multi-market portfolio transactions.
- Can you act as broker of record for BTR property management? → Yes, covering lease-up, renewals, and tenant relations across multiple states.

### Self Storage
URL: https://50statebrokerage.com/self-storage
Broker of record services for self storage operators, investors, and developers. Acquisitions, dispositions, management licensing, and valuations nationwide.

**FAQs:**
- Do self storage transactions require a real estate broker? → In most states, yes — the sale or acquisition of self storage facilities is a real estate transaction.
- Can you handle self storage acquisitions in every state? → Yes, with active licenses in all 50 states plus DC.
- Do you support portfolio dispositions? → Yes — single-facility, multi-market packages, and sale-leaseback transactions.
- What types of self storage companies do you work with? → REITs, PE-backed operators, independent owners, third-party management companies, and developers.

### Property Management
URL: https://50statebrokerage.com/property-management
Broker of record and licensing services for property management companies expanding across state lines. Licensing compliance, MLS access, and regulatory coverage in all 50 states plus DC.

**FAQs:**
- Do property managers need a real estate broker license? → In most states, yes — PM activities typically require broker supervision.
- How does licensing work when expanding to a new state? → Operate under our existing licenses immediately instead of applying for your own.
- What compliance oversight do you provide? → License renewals, CE tracking, state regulatory updates, and audit support.

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## Broker License Costs by State

URL: https://50statebrokerage.com/license-costs

Complete cost and timeline guide for designated broker and brokerage firm licensing in all 50 states plus DC. Data verified February 2025.

National averages:
- Average broker application fee: $156
- Average exam fee: $72
- Average broker total estimated cost: $303
- Average all-in estimated cost (broker + firm): $464

### Cost Breakdown by State

| State | Broker App Fee | Exam Fee | Pre-License Hours | Processing Time | All-In Est. Cost | Cost Tier |
|---|---|---|---|---|---|---|
| Alabama | $185 | $85 | 60 hrs | 2–4 weeks | $510 | Mid |
| Alaska | $390 | $100 | 40 hrs | 3–4 weeks | $765 | Mid |
| Arizona | $60 | $75 | 90 hrs | 1–2 weeks | $270 | Low |
| Arkansas | $50 | $75 | 60 hrs | 2–3 weeks | $250 | Low |
| California | $300 | $95 | 360 hrs | 6–8 weeks | $770 | Mid |
| Colorado | $485 | $100 | 168 hrs | 2–4 weeks | $860 | High |
| Connecticut | $120 | $80 | 120 hrs | 3–5 weeks | $658 | Mid |
| Delaware | $238 | $85 | 99 hrs | 2–4 weeks | $598 | Mid |
| Florida | $92 | $37 | 72 hrs | 2–4 weeks | $296 | Low |
| Georgia | $65 | $50 | 75 hrs | 1–3 weeks | $360 | Low |
| Hawaii | $160 | $70 | 180 hrs | 3–6 weeks | $550 | Mid |
| Idaho | $150 | $90 | 90 hrs | 2–3 weeks | $475 | Low |
| Illinois | $250 | $55 | 90 hrs | 3–5 weeks | $505 | Mid |
| Indiana | $60 | $60 | 90 hrs | 2–3 weeks | $255 | Low |
| Iowa | $170 | $80 | 72 hrs | 2–4 weeks | $495 | Low |
| Kansas | $175 | $75 | 30 hrs | 2–3 weeks | $500 | Mid |
| Kentucky | $130 | $60 | 180 hrs | 2–4 weeks | $395 | Low |
| Louisiana | $150 | $75 | 150 hrs | 3–5 weeks | $450 | Low |
| Maine | $121 | $85 | 55 hrs | 2–4 weeks | $402 | Low |
| Maryland | $190 | $60 | 135 hrs | 3–5 weeks | $515 | Mid |
| Massachusetts | $106 | $54 | 40 hrs | 2–3 weeks | $335 | Low |
| Michigan | $88 | $79 | 120 hrs | 2–4 weeks | $385 | Low |
| Minnesota | $130 | $75 | 90 hrs | 2–3 weeks | $430 | Low |
| Mississippi | $150 | $90 | 120 hrs | 3–5 weeks | $465 | Low |
| Missouri | $50 | $65 | 48 hrs | 2–3 weeks | $190 | Low |
| Montana | $90 | $75 | 60 hrs | 2–3 weeks | $330 | Low |
| Nebraska | $90 | $75 | 60 hrs | 2–3 weeks | $330 | Low |
| Nevada | $125 | $75 | 135 hrs | 3–5 weeks | $460 | Low |
| New Hampshire | $90 | $75 | 40 hrs | 2–3 weeks | $330 | Low |
| New Jersey | $160 | $50 | 150 hrs | 3–5 weeks | $445 | Low |
| New Mexico | $270 | $85 | 90 hrs | 3–5 weeks | $700 | Mid |
| New York | $185 | $15 | 120 hrs | 2–4 weeks | $525 | Mid |
| North Carolina | $100 | $64 | 75 hrs | 2–4 weeks | $269 | Low |
| North Dakota | $75 | $75 | 90 hrs | 2–3 weeks | $300 | Low |
| Ohio | $80 | $81 | 120 hrs | 2–4 weeks | $436 | Low |
| Oklahoma | $200 | $60 | 90 hrs | 2–4 weeks | $535 | Mid |
| Oregon | $170 | $75 | 150 hrs | 2–4 weeks | $620 | Mid |
| Pennsylvania | $205 | $74 | 240 hrs | 3–6 weeks | $559 | Mid |
| Rhode Island | $250 | $85 | 90 hrs | 3–5 weeks | $660 | Mid |
| South Carolina | $110 | $63 | 150 hrs | 3–5 weeks | $348 | Low |
| South Dakota | $225 | $85 | 116 hrs | 2–4 weeks | $610 | Mid |
| Tennessee | $91 | $62 | 90 hrs | 2–3 weeks | $328 | Low |
| Texas | $235 | $100 | 900 hrs | 1–2 weeks | $871 | High |
| Utah | $100 | $59 | 120 hrs | 2–3 weeks | $334 | Low |
| Vermont | $100 | $50 | 40 hrs | 2–3 weeks | $225 | Low |
| Virginia | $170 | $60 | 180 hrs | 2–4 weeks | $475 | Low |
| Washington | $146 | $88 | 150 hrs | 2–3 weeks | $455 | Low |
| West Virginia | $96 | $75 | 90 hrs | 2–4 weeks | $342 | Low |
| Wisconsin | $75 | $65 | 72 hrs | 2–3 weeks | $290 | Low |
| Wyoming | $300 | $75 | 90 hrs | 2–3 weeks | $750 | Mid |
| District of Columbia | $165 | $70 | 60 hrs | 2–4 weeks | $475 | Low |

Lowest cost: Missouri ($190). Highest cost: Texas ($871). Most education hours required: Texas (900 hrs).

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## State-by-State Coverage

50 State Brokerage is licensed and active in all 51 jurisdictions. Each state page includes broker terminology, licensing requirements, market highlights, services, and FAQs.

### Northeast
- Maine: https://50statebrokerage.com/states/maine
- New Hampshire: https://50statebrokerage.com/states/new-hampshire
- Vermont: https://50statebrokerage.com/states/vermont
- Massachusetts: https://50statebrokerage.com/states/massachusetts
- Rhode Island: https://50statebrokerage.com/states/rhode-island
- Connecticut: https://50statebrokerage.com/states/connecticut
- New York: https://50statebrokerage.com/states/new-york
- New Jersey: https://50statebrokerage.com/states/new-jersey
- Pennsylvania: https://50statebrokerage.com/states/pennsylvania

### Southeast
- Virginia: https://50statebrokerage.com/states/virginia
- West Virginia: https://50statebrokerage.com/states/west-virginia
- Kentucky: https://50statebrokerage.com/states/kentucky
- Tennessee: https://50statebrokerage.com/states/tennessee
- North Carolina: https://50statebrokerage.com/states/north-carolina
- South Carolina: https://50statebrokerage.com/states/south-carolina
- Georgia: https://50statebrokerage.com/states/georgia
- Florida: https://50statebrokerage.com/states/florida
- Alabama: https://50statebrokerage.com/states/alabama
- Mississippi: https://50statebrokerage.com/states/mississippi
- Arkansas: https://50statebrokerage.com/states/arkansas
- Louisiana: https://50statebrokerage.com/states/louisiana

### Midwest
- Ohio: https://50statebrokerage.com/states/ohio
- Indiana: https://50statebrokerage.com/states/indiana
- Illinois: https://50statebrokerage.com/states/illinois
- Michigan: https://50statebrokerage.com/states/michigan
- Wisconsin: https://50statebrokerage.com/states/wisconsin
- Minnesota: https://50statebrokerage.com/states/minnesota
- Iowa: https://50statebrokerage.com/states/iowa
- Missouri: https://50statebrokerage.com/states/missouri
- North Dakota: https://50statebrokerage.com/states/north-dakota
- South Dakota: https://50statebrokerage.com/states/south-dakota
- Nebraska: https://50statebrokerage.com/states/nebraska
- Kansas: https://50statebrokerage.com/states/kansas

### Southwest
- Texas: https://50statebrokerage.com/states/texas
- Oklahoma: https://50statebrokerage.com/states/oklahoma
- New Mexico: https://50statebrokerage.com/states/new-mexico
- Arizona: https://50statebrokerage.com/states/arizona

### West
- California: https://50statebrokerage.com/states/california
- Oregon: https://50statebrokerage.com/states/oregon
- Washington: https://50statebrokerage.com/states/washington
- Alaska: https://50statebrokerage.com/states/alaska
- Hawaii: https://50statebrokerage.com/states/hawaii

### Mountain
- Montana: https://50statebrokerage.com/states/montana
- Idaho: https://50statebrokerage.com/states/idaho
- Wyoming: https://50statebrokerage.com/states/wyoming
- Colorado: https://50statebrokerage.com/states/colorado
- Utah: https://50statebrokerage.com/states/utah
- Nevada: https://50statebrokerage.com/states/nevada

### Mid-Atlantic
- Delaware: https://50statebrokerage.com/states/delaware
- Maryland: https://50statebrokerage.com/states/maryland
- District of Columbia: https://50statebrokerage.com/states/district-of-columbia

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## Blog & Guides

### Compliance 101
- Broker of Record vs. Designated Broker: What's the Difference? → https://50statebrokerage.com/blog/broker-of-record-vs-designated-broker
- What Is a Broker of Record? A Plain-English Guide → https://50statebrokerage.com/blog/what-is-a-broker-of-record
- How to Choose a Broker of Record Service: 7 Questions to Ask → https://50statebrokerage.com/blog/how-to-choose-a-broker-of-record-service
- Broker of Record Cost by State: What You'll Actually Pay in 2026 → https://50statebrokerage.com/blog/broker-of-record-cost-by-state

### State Guides
- How to Get a Designated Broker in Texas → https://50statebrokerage.com/blog/how-to-get-a-designated-broker-in-texas
- How to Get a Designated Broker in Indiana → https://50statebrokerage.com/blog/how-to-get-a-designated-broker-in-indiana
- How to Get a Designated Broker in Arizona → https://50statebrokerage.com/blog/how-to-get-a-designated-broker-in-arizona
- How to Get a Designated Broker in Colorado → https://50statebrokerage.com/blog/how-to-get-a-designated-broker-in-colorado
- How to Get a Designated Broker in Nevada → https://50statebrokerage.com/blog/how-to-get-a-designated-broker-in-nevada
- How to Get a Designated Broker in Georgia → https://50statebrokerage.com/blog/how-to-get-a-designated-broker-in-georgia
- How to Get a Broker of Record in Ohio → https://50statebrokerage.com/blog/how-to-get-a-designated-broker-in-ohio
- How to Get a Broker of Record in Florida → https://50statebrokerage.com/blog/how-to-get-a-broker-of-record-in-florida
- How to Get an Employing Broker in California → https://50statebrokerage.com/blog/how-to-get-an-employing-broker-in-california
- How to Get a Managing Broker in Illinois → https://50statebrokerage.com/blog/how-to-get-a-managing-broker-in-illinois
- How to Get a Broker in Charge in North Carolina → https://50statebrokerage.com/blog/how-to-get-a-broker-in-charge-in-north-carolina
- How to Get a Designated Broker in Washington → https://50statebrokerage.com/blog/how-to-get-a-designated-broker-in-washington
- How to Get a Principal Broker in Tennessee → https://50statebrokerage.com/blog/how-to-get-a-principal-broker-in-tennessee

### Industry Guides
- How to Expand Your Real Estate Business Into New States → https://50statebrokerage.com/blog/how-to-expand-real-estate-business-to-new-states
- Does Your PropTech Company Need a Real Estate License? → https://50statebrokerage.com/blog/proptech-real-estate-licensing-requirements
- Why Every SFR Institutional Investor Needs a Broker of Record → https://50statebrokerage.com/blog/sfr-institutional-investor-broker-of-record
- Texas Property Management Broker Requirements → https://50statebrokerage.com/blog/texas-property-management-broker-requirements
- REO Disposition Broker Licensing Requirements → https://50statebrokerage.com/blog/reo-disposition-broker-licensing-requirements
- Commercial Broker of Record: How to Close Out-of-State Deals → https://50statebrokerage.com/blog/commercial-broker-of-record-out-of-state-deals

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## Broker Terminology by State

Different states use different terminology for the same supervisory broker role:

- **Broker of Record**: New Jersey, Pennsylvania, New York, and several Northeast/Mid-Atlantic states
- **Designated Broker**: Arizona, Colorado, Nevada, Oregon, Washington, Indiana, and most Western states
- **Managing Broker**: Illinois, Washington (intermediate tier)
- **Employing Broker**: California
- **Broker in Charge**: North Carolina, South Carolina
- **Principal Broker**: Oregon, Tennessee, Kentucky
- **Qualifying Broker**: Alabama, New Mexico

All of these refer to the licensed individual responsible for supervising a firm's real estate activities. 50 State Brokerage holds the appropriate license type in each jurisdiction.

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## How It Works

1. **Engage**: Tell us which states you need and what services you require (acquisitions, dispositions, PM oversight, MLS access, etc.)
2. **License**: We activate our existing licenses in your target states — no waiting for applications or approvals
3. **Transact**: Operate under our brokerage infrastructure with full compliance, MLS access, and transaction support
4. **Scale**: Add new states as needed, month-to-month — no long-term contracts required

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## Contact & Engagement

- Email: hello@50statebrokerage.com
- Phone: 720-784-8121
- Book a call: https://50statebrokerage.com/book
- Website: https://50statebrokerage.com

Engagement models: month-to-month, per-transaction, enterprise partnerships. No long-term contracts required.