Developer doing brokerage on the side... What should I know?
To elaborate, I currently do development and acquisitions for a commercial real estate owner. I am not sure if I have the stomach to jump ship and become a full time broker, at least not yet. I have been working with some full-time brokers that I know and we are partnering up to sell properties to individuals and funds that we know (a little more in depth than just a finder's fee). These deals are very large ($100 million +) and they are typically off-market with another broker/brokerage involved on the sell side (they are direct to seller).

I am working on getting my salesperson license in the state of Connecticut (do not have it yet) and most of the deals we work on are in New York (will apply for reciprocity). My partners all have salesperson or brokerage licenses. Having been in real estate for a while, I am aware of the basic ways of protecting myself, but I want to make sure I am prepared for everything.

All advice is welcome, whether basic or in depth!

Thanks in advance!
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