TITLE 20—DEPARTMENT OF COMMERCE AND violation.
INSURANCE
Division 2250—Missouri Real Estate Commission (2) A broker shall not permit licensed and unlicensed persons
Chapter 8—Business Conduct and Practice affiliated with the broker to—
(A) Establish and carry on real estate brokerage business for
20 CSR 2250-8.010 Place of Business their own benefit, directly or indirectly, where the broker’s
primary interest is the receipt of a fee or other valuable
PURPOSE: This rule affirms the fact that a broker who holds him/ consideration for the use of the broker’s license by others; or
herself out to the public as a broker must clearly identify him/ (B) Where the broker has no control or only nominal control
herself and his/her location and maintain regular business hours. of the business affairs conducted under the broker’s license or
is only nominally associated with the business.
(1) Every resident broker, except those who have placed their
licenses on inactive status or those not actively engaged in real (3) Appointments of designated agents and designated
estate business, shall maintain a regularly established place transaction brokers under section 339.820, RSMo shall be
of business in this state, which shall be open to the public entered into by the designated broker or office manager/
during usual business hours or at regular stated intervals. No supervising broker on behalf of that broker and affiliated
salesperson may be associated with a broker not maintaining a licensees.
regularly established place of business or a broker not actively
engaged in the real estate business. This rule does not apply (4) Appointments of designated agents and designated
to a broker-salesperson or to broker-partners, broker-associates transaction brokers under section 339.820, RSMo shall