Frequently asked questions

Clear answers on how our Broker of Record model works—and how you stay in control.

Frequently asked questions

Straightforward answers about how our Broker of Record model works — and what it doesn’t do.

Explore our FAQs

Our Broker of Record fee is the greater of:

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. We provide limited buyer-side representation for institutional acquisitions, particularly for portfolio-level or investment-driven transactions. All services are coordinated under our Broker of Record structure and aligned with state compliance requirements.
No. We uphold a strict non-solicitation policy. Your client relationships are fully protected and governed by our written agreements.

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.

Yes. In all states, our name must appear on advertising, contracts, and listing materials as the licensed Broker of Record. This is a legal requirement and applies regardless of your branding. We provide the required disclosures and review all materials to ensure full compliance.
Commission structures are agreed upon in advance based on your role and responsibilities in the transaction. All commissions are paid directly to Institutional Broker of Record Services and disbursed to the referring or participating party in accordance with our written agreement. This structure ensures full compliance with state regulations governing compensation and licensure.
Yes. All transactions conducted under our license are covered by our Errors & Omissions policy. Additional coverage can be discussed if necessary.
No. We do not offer in-person showings, site visits, or local representation. Our focus is legal brokerage oversight and administrative support.
No. We work with professionals handling single transactions and those managing ongoing deal flow. There is no minimum to get started.
Once agreements are in place and documentation is submitted, we move quickly. Most transactions can begin within a short turnaround window.

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.