If you do not have a CRE license, but you connect a buyer to a commercial property, is there there potential for receiving a referral fee?
Does this happen sometimes?  Is there a typical process or system in place that allows you to receive some commission?
[{"id": "etv7whd", "text": "In my state, NC, there is not a separate license you need to practice commercial real estate. Simply get your regular real estate license and start slinging buildings. Everyone will tell you it\u2019s hard, but it\u2019s not. Deals just take a lot longer to come together because of some many more moving parts.", "replies": [], "depth": 1}, {"id": "etv9fao", "text": "Yes, depending upon the relationship, but be careful of accepting a referral fee / portion of the commission. Depending upon jurisdiction, this can be problematic without the broker\u2019s license. \n\nThat said, I\u2019ve never had an issue with a fixed (not variable / % if sales price based) \u201cconsultancy\u201d fee. Talk to your lawyer / accountant.", "replies": [], "depth": 1}, {"id": "etvbhxe", "text": "You can only receive a commission if you have a license.  However, that might be a state by state situation.  Check your laws.", "replies": [{"id": "etvbvhk", "text": "\\+1.\n\nNot only is it state by state. If the deal is big enough, consult an attorney. If the deal is small enough ask!", "replies": [], "depth": 2}, {"id": "etx1l9v", "text": "The rule in the state of Texas, for example, is a noncash gift of $50 or lesser value is whats allowed.", "replies": [], "depth": 2}], "depth": 1}, {"id": "etvkvt0", "text": "You need a general real estate license in most states to get paid for any real estate transaction.", "replies": [], "depth": 1}, {"id": "etwy8l3", "text": "Yes! But go to a lawyer and get him to write up a consultation agreement.", "replies": [], "depth": 1}, {"id": "etykvq9", "text": "No. In fact, it's illegal if you do.", "replies": [], "depth": 1}]