Earn an Advisory Commission on TICs – Coming Soon
The National Association of Realtors (NAR) and the Securities & Exchange Commission (SEC) are in the final stages of approving an Exemption allowing real estate brokers compensation on Tenant-in-Common transactions. Brokers would receive an “advisory fee” for working with their clients and a Registered Representative who offers TIC Investments. Under current securities regulations, Registered Representatives and Broker/Dealers are prohibited from sharing any compensation derived in the sale of a TIC with unregistered agents.
This Exemption is good news because real estate professionals may:
- Obtain listings from reluctant clients who are concerned about identifying suitable replacement properties
- Help clients potentially defer capital gains taxes
- Work with a leading broker/dealer with professional due diligence & property availability
- Receive compensation for advising your client on the purchase of TICs
To learn more and to receive updates on exemption approval please click here.