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Does one need a real estate license to bring a person seeking a commercial loan and a lender/investor together?

by coml.re.professio... from Des Moines, Iowa. Sep 14th 2015 Reply


Brian Napierala (bnapierala)
#1012 ranked lender in California - 6 contributions

We have relationships with either a licensed broker or LLC (varies from state to state, based on property location)

Sep 14th 2015
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I am in Iowa. Does anyone know the requirements for Iowa.

Sep 14th 2015
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Barb Lanis (BarbLanis)
#71 ranked lender in Illinois - 662 contributions

Check with your Broker/Owner or Iowa State requirements. This is primarily a residential inquiry site.

Sep 14th 2015
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,933 contributions

This is a question for an attorney familiar with your states rules, but in general, most all states require that if you are receiving compensation by bringing a buyer and seller together, then you are acting as an agent, and you would be required to be licensed. If you are acting as a broker for finance, then the same would apply, but typically these laws only refer to residences or dwellings.. However, when it comes to commercial finance, the rules will vary state to state.. some states do not require you to be licensed, while some do.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Sep 14th 2015
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