A broker in Indiana can be associated with how many managing brokers?

In Indiana, a broker can only be associated with one managing broker at a time. This regulation ensures a clear line of accountability and oversight within the real estate transaction process. The relationship between a broker and their managing broker is crucial for the supervision of real estate activities and adherence to legal and ethical standards in the industry. By limiting a broker to one managing broker, the Indiana Real Estate Commission promotes professionalism and reduces potential conflicts of interest that could arise from multiple affiliations. This single association also simplifies the reporting structure and fosters a stable environment for learning and development for the broker under the managing broker’s guidance. Therefore, the restriction to one managing broker helps maintain integrity within the real estate profession in Indiana.