Straightforward answers about how our Broker of Record model works — and what it doesn’t do.
Platform subscriptions and listing costs remain the responsibility of the client.
There are no hidden markups.
Institutional Broker of Record Services is designed for institutional real estate organizations requiring compliant brokerage support across multiple jurisdictions.
IBOR supports real estate funds, private equity sponsors, REITs, family offices, asset managers, acquisition and disposition teams, portfolio operators, and other institutional organizations conducting transactions in states where they do not maintain the required brokerage licensing or infrastructure.
IBOR provides the licensed brokerage structure, transaction oversight, operational coordination, and compliance support required for covered transactions.
That audience matches the institutional positioning already established in your approved IBOR Leadership material.
Yes. We hold active broker licenses and remain in good standing in every state we serve. Our agreements are structured to meet each state’s regulatory requirements.
We currently offer services in 35 states, including:
AL, AR, CA, CO, CT, FL, GA, IA, IL, IN, KS, MA, MD, ME, MI, NC, NY, NV, OH, OK, OR, SC, TN, TX, VT, VA, WI, and WA.
Need coverage elsewhere?
We may be able to expand based on your needs.
Yes — with limitations. In cooperative and physical presence states, you may use your company’s branding and marketing materials if they comply with local disclosure requirements. Our name must still appear as the licensed Broker of Record.
In turf states, all marketing must originate from us and include only approved disclosures. Co-branding is not permitted in these jurisdictions.
Your organization’s permitted role depends on the licensing requirements of the state where the property is located and the structure of the transaction. Where permitted, IBOR works to allow your team to maintain the greatest level of client and transaction involvement permitted by applicable law while we provide the required licensed brokerage and compliance oversight.
Before the transaction begins, we establish the appropriate structure and clearly define each party’s responsibilities.
Requirements vary by state and transaction. IBOR reviews the applicable licensing and brokerage requirements and establishes the appropriate structure for each covered transaction.
Depending on applicable state law, this may involve a broker-of-record, co-brokerage, referral, or other permitted arrangement. Before proceeding, we identify the appropriate structure and define the responsibilities of each party.