What must I do if I transfer affiliating brokers in Nebraska?

If you hold a NE real estate license, you are legally able to earn a commission or other compensation, or the expectation of compensation, by representing sellers and buyers in the selling, purchasing, listing, exchange, leasing, renting, or leasing option on any real property, real estate improvement or timeshare.

A real estate salesperson license is required to represent a buyer or seller in a real estate transaction and earn a commission. A salesperson license is not required to sell or buy your own home.

The Nebraska Real Estate Commission has a licensing portal that enables you to fill out a broker transfer form. The broker transfer fee is $25. You also need an employee broker letter to employ. Make sure your continuing education and your insurance information are up-to-date.