Best way to find buyers for commercial real estate? (Details in body)
So to provide some context: I have my real estate license in AZ and CA and currently getting my brokerage license in AZ. I live in CA, I am not currently with a broker in CA. My experience is with residential, however, someone I know in AZ has some commercial real estate they want to sell, and was wondering if I could find any buyers in CA that would be interested, and I can make that commission.

I am very interested in this opportunity but I don’t have a lot of experience in commercial real estate and don’t know where to start. Do commercial brokerages work the same as residential?
[{"id": "hdmo8v5", "text": "Can you send me info on the property", "replies": [{"id": "hdmst2c", "text": "Yup! I\u2019ll DM details later today.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hdmsq7o", "text": "More or less the same, except that (almost) everyone is a potential homebuyer whereas a much smaller percentage of the population is willing &amp; able to buy commercial real estate. Work the phones. Try to find groups that own several like properties. If a similar property sells or gets put under contract, contact the sellers to see if they need a replacement property for their 1031. 1031s are (especially) hot right now due to speculation about the Biden admin. further restricting the 1031 or eliminating it altogether. \n\n&amp;#x200B;\n\nIn short - it's the same formula. If you ask 100 girls to prom, one will say yes. Just need to be a little more targeted since the buyer pool is smaller &amp; more sophisticated than where you're coming from.", "replies": [{"id": "hdq71my", "text": "Very helpful, thanks!", "replies": [], "depth": 2}], "depth": 1}, {"id": "hdmu5ew", "text": "Don't do or say a thing about them until you have a commission agreement in place.", "replies": [{"id": "hdnkvkl", "text": "Agree! Also an NDA!", "replies": [{"id": "hdq6tn9", "text": "All very useful information!", "replies": [], "depth": 3}], "depth": 2}, {"id": "hgwipog", "text": "What is the term for \"commission agreement\" that is often used in the industry? For example the name of the document he would need to setup with the seller?", "replies": [{"id": "hgwkerx", "text": "Did you google this before asking me?", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hdmumqn", "text": "can you dm details as well?", "replies": [{"id": "hdq6m9y", "text": "Yup will do!", "replies": [], "depth": 2}], "depth": 1}, {"id": "hdn6r40", "text": "List on LoopNet/CoStar.  Buyers are always searching.", "replies": [], "depth": 1}, {"id": "hdnc5pe", "text": "I have private and institutional buyers depending on asset class. Please send over whatever info you're willing to share.", "replies": [], "depth": 1}, {"id": "hdppe6q", "text": "The approach will depend on the property type(s) and deal size. If it's a single asset or \"natural\" portfolio at or less than \\~$5M you'll see some similarities. What you are looking for are firms and teams that have access to individual investors. There are several shops that concentrate (heavy online presence) on 1031 exchange buyers, others buyer focused at this range. \n\nCommercial brokers are very different at the mid-high end of the market, you may find some won't want to do a fee split or even return calls. If the property is $5-10M+ you could approach property-type specific teams at the bigger shops. \n\nreferral fee not a full commission split if you don't add much to the deal, however if you can stay in the background it might be a great way to learn a difference business. btw \"California buyers\" can be code for someone willing to overpay :-)", "replies": [{"id": "hdq5cpe", "text": "This is all helpful information! And haha I\u2019m looking for California buyers because I live in California but my seller is Arizona\u2026 though I\u2019m not complaining about higher pay lol.\n\nThe portfolio is multiple properties sold as a discounted package under 5m with a great cap rate. \n\nI\u2019ll DM if I have more questions if that is okay?", "replies": [{"id": "hdqht4l", "text": "happy to help", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hdql0j2", "text": "refer it to someone who actually knows what they\u2019re doing", "replies": [], "depth": 1}, {"id": "hhxzfyo", "text": "Check this out. It\u2019s good direction at building a buyers list. https://attentivesolutionsllc.com/home/f/10-ways-to-build-your-buyers-list", "replies": [], "depth": 1}]