We serve as the broker of record for commercial real estate brokers, real estate companies, and business brokers who want to engage in real estate transactions outside of their home state of licensure. While our primary focus is on serving brokers in the net lease space for one-off transactions, we also serve as a dedicated, ongoing broker for commercial real estate brokers, salespeople, and property management companies.
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/prohibited activities, state-specific checklists, and a highly responsive and experienced broker with 20+ years 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.