Branch Office License

A broker/corporation is authorized to conduct business only at the address listed on his/her license. If the broker/corporation maintains more than one place of business within the State, he/she shall apply for and procure an additional license for each branch office so maintained. The application for a branch office license must state the name of the person and the location of the place or places of business for which the license is desired.

The branch office address must be a physical California address, not just a Post Office Box or a Private Mail Box, as the main office address.

Use the Branch Office Application (RE 203) , when applicable, for each additional office location being added.

Designation of Branch Office Managers

Effective July 1, 2012, an employing real estate broker or corporate designated broker

officer may appoint a licensee as a manager of a branch office or division of the employing broker's or employing corporate designated broker officer's real estate business and delegate to that manager responsibility to oversee and supervise operations and licensed activities. An appointment of a branch manager must include a written contract whereby the branch manager accepts the delegated responsibilities. The employing broker or corporate designated broker officer must retain a copy of this contract and also send a completed RE 203 - Branch Office/Manager Application to DRE identifying the appointed manager and the branch office or division the manager is appointed to supervise. A licensee will be precluded from being appointed if the licensee holds a restricted license, has been subject to an order of debarment, or is a salesperson with less than two-years of full-time real estate experience within five years preceding the appointment. The bill also specifies that whenever an appointment of a branch manager is terminated or changed, the employing broker or corporate designated broker officer must immediately notify DRE. (SB 510 , Correa, Chapter 709, Statutes of 2011).