Temporary Broker of Record (Pennsylvania)

Job Description

Posted by Foundation Blueprint Co. on behalf of a client real estate brokerage

(PA-Licensed Real Estate Broker or Pennsylvania Attorney Eligible for Broker Licensure)

About the Engagement

Foundation Blueprint Co. partners with founders and leadership teams to help build strong, compliant, and scalable businesses. We are currently supporting the launch of a new Pennsylvania real estate brokerage that is intentionally designed around transparency, efficiency, and a modern, flexible-fee service model.

On behalf of this client, we are seeking a Temporary Broker of Record (BoR) to support the brokerage during its initial launch and early growth phase. This is a defined-term, advisory-style engagement suited for a highly experienced professional who values compliance, clarity, and well-structured work.

This opportunity is ideal for a Pennsylvania-licensed real estate broker or a Pennsylvania-licensed attorney eligible for broker licensure who is interested in a low-volume, part-time supervisory role rather than day-to-day production.

Role Summary

The Broker of Record will serve as the licensed supervisory broker for the client brokerage, ensuring compliance with Pennsylvania real estate law while supporting the foundational setup of policies, procedures, and internal controls.

This role is expected to last approximately 12–36 months, with a clearly defined transition plan once the brokerage owner assumes the Broker of Record position.

Key ResponsibilitiesRegulatory & Compliance Oversight

• Serve as the official Broker of Record for the client brokerage entity
• Ensure compliance with the Pennsylvania Real Estate Licensing and Registration Act (RELRA) and applicable regulations
• Supervise licensed real estate activities conducted under the brokerage
• Oversee adherence to buyer-broker agreement requirements and post–NAR settlement compensation rules
• Review and approve brokerage policies and procedures

Supervision & Risk Management

• Review and approve advertising, marketing, and branding materials for compliance
• Review transaction files for completeness and regulatory adherence
• Provide guidance on escrow and trust account handling where applicable
• Participate in periodic compliance reviews and audits
• Respond to regulatory inquiries or compliance-related matters if they arise

Advisory & Setup Support

• Provide input during the brokerage’s legal and compliance setup phase
• Support development of internal workflows, checklists, and compliance controls
• Act as a trusted compliance and risk-management advisor to ownership

Time Commitment

• Estimated 1–3 hours per week during normal operations
• Slightly higher involvement during initial setup, licensing, or regulatory filings
• Engagement is supervisory and advisory, not production-based

Compensation Structure

Consistent with the client’s philosophy around transparency, compensation for this role is clearly defined and directly tied to real activity.

There is no monthly supervision retainer. Compensation includes:

Broker Review Fee (Primary Compensation)

• Paid per closed transaction
• Structured as a broker review or compliance fee for each file reviewed and approved
• Paid only when transactions successfully close

Deferred Setup Fee

• One-time setup fee agreed upon in advance
• Paid over time only after the brokerage begins generating revenue
• Intended to compensate for upfront involvement in legal setup, licensing, and compliance infrastructure

Optional Long-Term Revenue Share (Business Development Only)

• Optional and not guaranteed
• Applies only if the Broker of Record is directly involved in meaningful business development efforts, such as supporting strategic growth initiatives
• Structured separately from compliance responsibilities
• Fully documented with defined scope, triggers, and duration

All terms will be outlined in a formal Broker of Record Services Agreement, including scope of authority, indemnification, insurance coverage, and exit provisions.

QualificationsRequired

• One of the following:
• Active Pennsylvania Real Estate Broker license, or
• Active Pennsylvania law license and eligibility for PA broker licensure
• Strong understanding of regulatory compliance, fiduciary duties, and professional ethics
• Willingness to serve in a temporary, clearly defined supervisory role

Preferred

• Experience with real estate law, brokerage compliance, or regulatory oversight
• Comfort reviewing policies, contracts, and operational procedures
• Familiarity with MLS rules and advertising compliance
• Professional, responsive communication style

Ideal Candidate Profile

This engagement is particularly well suited for:

• A seasoned broker stepping away from full-time production
• A broker transitioning into part-time or semi-retirement while remaining professionally active
• A Pennsylvania attorney with real estate or business law experience
• Someone who values integrity, clarity, and well-defined professional boundaries

What This Role Is Not

• Not a sales or production role
• Not an equity partnership
• Not a day-to-day operational management position
• Not a salaried or monthly-retainer engagement

Term & Transition

This is a temporary engagement designed to support a new brokerage through launch and early growth. A structured transition plan is in place for the Broker of Record role to be assumed by ownership once licensure requirements are met.

How to Express Interest

Qualified candidates are invited to submit a brief introduction including:

• Licensing background
• Relevant experience
• Availability and interest in a temporary Broker of Record engagement
• All inquiries will be handled confidentially by Foundation Blueprint Co.