We serve as the broker of record for commercial real estate brokers and business brokers who want to engage in real estate transactions outside of their home state of licensure.
License portability laws, which govern the ability of brokers licensed in one state to engage in transactions in another state, vary across the country. In nearly all states though, brokers can engage in transactions in another state, as long as the out-of-state broker enters into a written co-brokerage agreement with a broker licensed in the transaction state (commonly referred to as a "broker of record").
When you select us as your broker of record, you'll still have the autonomy to manage your transactions as you normally would. We simply provide the oversight as legally required by the transaction state. We also provide all of the necessary transaction support, including; state-specific forms & disclosures, clear guidance on your permitted activities, state-specific checklists, and a highly responsive and experienced broker with decades of experience.
Whether you're affiliated with a small or large firm, involved in many out-of-state transactions or just one, we can help you with your out-of-state transactions without you having to incur the time, expense, and hassle of becoming licensed in multiple states.
Single Point of Contact
Avoid the hassles of dealing with multiple brokers for your out-of-state transactions. We streamline the transaction process by offering a single point of contact and a uniform set of procedures.
We pride ourselves on being highly responsive to all parties. We know responsiveness is a critical factor in the deal making process - that's why we're available 24/7 to assist you and all parties involved.
Save Time & Money
Obtaining a real estate license in a new state is a time-consuming and expensive process. Our services allow you to hit the ground running immediately without hassles, delays, or lost opportunities. Focus on what you do best - doing deals.
Avoid Legal Issues
Performing brokerage activities in a state where you're unlicensed can lead to legal and regulatory issues in the transaction state, your state of licensure, and any state where you apply to become a broker.
As much as allowed in the transaction state, you'll have the autonomy to manage your transactions as you normally would. We simply provide clear guidance on your activities and step in only when necessary.
We respect the relationships you have with your clients. We never solicit your clients for business. We simply assist you in ensuring a successful and legally-compliant out-of-state real estate transaction.
Clawbacks are when you're forced to pay back any commissions you've earned illegally in a transaction state for not being licensed. Clients could even stiff you in the middle of a closing if they find out you're not licensed.
Maintain Your Brand
While the broker of record must be included on all advertising materials and contracts, deal docs should highlight you and your brand. Our branding is intentionally generic and simple. Clients should get excited about you, not us.
We stand behind our services. We provide a 100% regulatory compliance guarantee. If you're ever fined by a regulatory agency due to our errors or omissions, we'll reimburse you for any regulatory fines imposed on you.
Full Library of State-Compliant Forms
Buyer Representation Agreements
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