I received an e-mail from my board saying that all Real Estate Agents and Brokers doing business in a city near me must purchase a business license. This requirement has been in effect more than 3 decades and now the city has recently decided to take enforcement action. We have until Feb 29th to purchase the license at a cost of $63.00 per year plus a one-time application fee of $70.00. Penalties may be imposed if we do not comply.
WHAT, does that mean that the surrounding cities will be doing the same? And what about the agents and brokers, will we have to buy a license in these cities as well, where will it end?
The Association encourages all of us to attend a meeting in a few days to discuss the possibility of extending the deadline. I say abolish this requirement. Why penalize the real estate industry, what about the plumbers electricians, inspectors, painters, the list goes on and on doing business in this city, are they required to purchase a license too?
What about you, do you have a business license for the cities you do business in? For some reason I just can't wrap my head around this thing.