I want to start my own brokerage.
What type of corporation should I have?
Should I have, ex: XYZ company doing business as ABC Realty?
The day to days, I got. It’s the whole setting up the Real Estate company that is keeping me from doing it.
Any website suggestions? Explanations? Etc. would be awesome. Thanks.

You need an attorney familiar with the corporation laws and entities allowed for your state to conduct business.

Each entity has it's advantages and disadvantages in relation to asset protection,reporting requirements,and tax benefits.

So being each situation is very person/business specific I don't think you will find a solution on here.

I am hoping for some.. "This is what type of corporation we are." "This is what I decided and why" "check out this website" type of answer.

Telling me to contact attorney doesn't help me understand what other broker/owners are doing and why. A quick post may get you closer to perky REALTOR's "high score" but it doesnt really help me.

You will want to form an LLC. It is cheap (few hundred bucks depending on the state). Very rarely would any other entity be better suited.

Corporate laws vary by state. If you want to go on this forum for advice I think it's the wrong move.

I have been on this forum for along time. What I learned quick is accurate information is LOCAL to that persons area.

What applies in one person's state,county,city does not apply in the others.

Again how you set up will depend on the goals of your brokerage.
Will you be doing commercial real estate,residential,property management,etc. ?

What kind of corp you have depends on what you are trying to do.

As far as points with PERKY I have no clue what you are speaking of.

What do I know ? Just a broker with 30 agents............

In Illinois, an LLC is more money and has less tax benefits than an S-Corp..I did an s-corp and haven't looked back...

Rich

I agree with Super. If you're on here asking that question you're not ready to "go out on your own"

Everyone wants quick instant gratification nowadays. Some things can't be pressed down into a nice social media pill to take. You could get a million replies but half of them might not apply in your state.