New York - Rules surrounding co-brokerage

[ghamlin]

New York

Hi, I need some information on rules surrounding commercial RE co-brokerage.

Would you be able to fill me in?

Thanks,
Gail

[moburkes]

Originally Posted by ghamlin

New York

Hi, I need some information on rules surrounding commercial RE co-brokerage.

Would you be able to fill me in?

Thanks,
Gail

Gail, you'll need to post a LOT more information than that, in order to get an answer. You could not have been more vague.

[CraigFL]

My knowledge says that that's a very local thing typically agreed on by MLS brokers in that area. If it is not a MLS sale, you would need to agree with the office/broker before a deal is made.

[ghamlin]

Unfortunately I don't have much more information. I've been hired to research and write some articles on commercial real estate. As my experience only extends to residential RE (I'm a licensed salesperson), I've got nothing on the commercial aspect. So, this was one of the topics: What are the rules governing co-brokerage for commercial RE?

What other information would make it more helpful for a reply? I can see about getting more. I'm just as in the dark as you are in that respect.

Thanks.

[nextwife]

Originally Posted by ghamlin

Unfortunately I don't have much more information. I've been hired to research and write some articles on commercial real estate. As my experience only extends to residential RE (I'm a licensed salesperson), I've got nothing on the commercial aspect. So, this was one of the topics: What are the rules governing co-brokerage for commercial RE?

What other information would make it more helpful for a reply? I can see about getting more. I'm just as in the dark as you are in that respect.

Thanks.

Commercial is a whole different animal. Matter of fact, many transactions are one party listings, there are many commercial brokers who won't co-broke with residential brokers at all, because they end up doing all the work, and most commercial transactions are non-MLS.