Q: I’m a broker and want to set up a referral company. Does this referral company have to be registered with the Department of Business and Professional Regulation (DBPR)?
A: Yes. The broker must set up the company and register it as a real estate brokerage with DBPR, since being paid for the referral of real estate business is real estate activity, pursuant to Section 475.01(1) (a), Florida Statutes. The broker must apply for a multiple license if he or she will be the broker for several real estate brokerages.