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Updated about 5 years ago on . Most recent reply

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Joon Kim
  • Real Estate Agent
  • Fairfax, VA
0
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1
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Advise needed in regards to an out of state commercial deal

Joon Kim
  • Real Estate Agent
  • Fairfax, VA
Posted

I have a client looking for an STNL investment property but one location is in Delaware and I only have license in VA and MD. From my understanding, as Delaware is a physical location state (by the Real Estate License Portability Agreement - (https://fitsmallbusiness.com/real-estate-license-reciprocity/), I am able to conduct business and receive commission as long as the deal is remotely conducted from my licensed states. Is this correct?

Any advise is appreciated, thank you in advance.

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