A solid real estate brokerage plan includes what will happen to the brokerage once the broker stops working. There are many reasons brokers might leave a brokerage, including retirement, death, or suspension or revocation of their license. Rick M. Albers, an experienced real estate attorney in Austin, explains in the latest issue of Texas REALTOR® magazine the ins and outs of brokerage succession. Learn what is involved in a planned sale of your brokerage, and what happens because of unexpected succession in this article.
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