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11-15-2011, 05:47 PM #1
Renter
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- Nov 2011
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Regarding out of state commission for Commercial property
If someone represent a buyer that is out of the state where they are licensed, can they secure commission without running into problems?
Thanks
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11-16-2011, 04:08 AM #2
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It depends on state licensing laws but generally the answer would be no. You have to have a license to get paid for preform real estate duties.
Your Outer Banks real estate agent. Learn how to buy Outer Banks foreclosures.
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11-16-2011, 05:36 AM #3
Renter
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Thank you for your response Greg. I am talking about a CA licensed broker wanting to represent a buyer in AZ. If straight commission doesn't work how about referring the client to a broker licensed in the state the buyer is in and asking for your comm in the form of a referral fee instead?
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11-18-2011, 06:05 AM #4
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A licensed agent can always get a referral fee from another licensed agent. I doubt you can find someone to give you the whole commission though.
Your Outer Banks real estate agent. Learn how to buy Outer Banks foreclosures.
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