Are commercial RE brokers/Agents licensed in specific states only or are they able to help an investor purchase in a general region?
I'm looking to purchase NNN leased commercial retail real estate in Tennessee, North Carolina, South Carolina, Georgia, Florida, and maybe Alabama, would I have to reach out to agents in multiple states or would one based out of those states be able to help me find what i'm looking for? TIA!
[{"id": "d03mkc2", "text": "I sell commercial real estate investments for a national firm and would be happy to assist you in finding investments in each of those areas that meet your needs.  I'll pm you some additional information.", "replies": [{"id": "d06l2l3", "text": "Can you pm it to me as well? Thanks.", "replies": [], "depth": 2}], "depth": 1}, {"id": "d03ulcw", "text": "You'd be wise to choose a commercial agent/broker in each market that you are looking. \n\nI have clients though that have hired CCIMs as consultants to research and identify prospective markets to purchase in. But they hired a local attorney to submit offers and close their deals. I believe it's doubtful you will get far submitting a deal to a selling broker through an out of state agent/broker or even attorney that isn't licensed in the state where you are buying. (EDIT: you can however submit your own offers as a principal all day long)\n\nAnother thought is the selling broker will more than likely have a hard time paying a reciprocal sales commission to any buyer's agent that is not licensed in the state. I believe in most states that would be against the law.\n\nGo to the http://thebrokerlist.com/ where you kind find just about every commercial broker under the sun. \n\nGood luck... kill it!", "replies": [{"id": "d03zcfd", "text": "NNN investments are a bit different and more specialized than your typical commercial real estate transaction.  We absolutely do deals every day with buyers and sellers from around the country out of my office.  We do only investment deals which is exactly what you want to look for when you are buying NNN assets.  We know the market nationally and all the way down to your local markets and we do more deals of this type than anyone else in the country.  In addition, you're not going to find most of our deals anywhere else because we market them ourselves to our clients not on Loopnet which is generally full of deals brokers can't or don't know how to sell.", "replies": [{"id": "d040p1m", "text": "Awesome. It sounds like he/she doesn't need to look anywhere else!", "replies": [], "depth": 3}, {"id": "d047lw6", "text": "1. How are you able to know local markets?\n\n2. Where are you going to find deals to buy?", "replies": [{"id": "d04fw4y", "text": "We have over 1k NNN deals in our inventory right now nationwide.  That's where I'll find it.  No other company is even remotely close to us in the NNN arena.", "replies": [{"id": "d05vgys", "text": "lol", "replies": [], "depth": 5}, {"id": "d06whgh", "text": "Please pm me your info. I Would Like to work with you.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "d0ct6yz", "text": "There's a few famous NNN brokers, Stan Johnson comes to mind. \n\nReach out to the main brokers, tell then who you are and ask what listings they have. Ask to be put on the distribution list bc you're a serious investor, money to burn etc. looking for xyz. ", "replies": [], "depth": 1}]