Tag Archives: NJRealtors

  1. New Law Allows New Jersey Realtors to Form LLCs For Commission Payments

    New Jersey Realtors are now permitted to form Limited Liability Companies (LLCs) for the purpose of accepting real estate brokerage commissions. The new law, effective February 2025, gives specific permission for a salesperson or broker salesperson (an “Agent”) to operate through an LLC. One of the driving forces behind this law was to eliminate confusion…