Mississippi Real Estate Commission

A. A “Team or Group”…

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A “Team or Group” shall mean a collective name used by two or more active real estate licensees who represent themselves to the public as being part of a single entity which is organized with the written approval of a Principal Broker to perform licensable real estate activity. To qualify as a “Real Estate Team or Group” the active real estate licensees must be working together and each must (

a) work under the direct supervision of the same Principal Broker,

(b) work together on real estate transactions to provide real estate brokerage services,

(c) must represent themselves to the public as being part of a Team or Group,

(d) must be designated by a specific team or group name, and

(e) must conduct all real estate activity from the primary office or branch office where their individual licenses are displayed.

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