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#119663 - 07/17/06 11:04 AM Re: 1031/Tenancy In Common(TIC) Companies
graysqwrl Offline
Member

Registered: 08/16/05
Posts: 197
Loc: 3rd Rock From The Sun
you're right...I realized my stupidity after I sat and thought about it for a minute

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#119664 - 07/17/06 11:14 AM Re: 1031/Tenancy In Common(TIC) Companies
nevada1031 Offline
Member

Registered: 07/14/06
Posts: 28
Loc: nevada
hey-
Maybe I just wasn't clear enough in my prior posts.
Don't ever downgrade yourself like that.

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#119665 - 08/03/06 01:59 PM Re: 1031/Tenancy In Common(TIC) Companies
graysqwrl Offline
Member

Registered: 08/16/05
Posts: 197
Loc: 3rd Rock From The Sun
All signs point to my transaction with spectrus going through.

This quite possibly will be the easiest commission I've ever earned.

I'm extremely interested in doing more transactions like this. Does anyone have suggestions for finding clients?

Also, I really think we should try to put together a larger list of companies that are set up to pay real estate agents as opposed to being set up as a security (meaning unless you have a securities broker license...too bad)

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#119666 - 08/03/06 04:29 PM Re: 1031/Tenancy In Common(TIC) Companies
graysqwrl Offline
Member

Registered: 08/16/05
Posts: 197
Loc: 3rd Rock From The Sun
ok...my question is:

How is it legal for TIC companies to pay me for a client?

Isn't that a referral fee?

Can I take that a step further and pay a commission to someone for referring me a TIC client that refer to a TIC investment company? For instance, an escrow company, accomodator, or RE agent.

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#254829 - 10/13/08 03:51 PM Re: 1031/Tenancy In Common(TIC) Companies [Re: alvin]
Nicholas D Offline
Junior Member

Registered: 10/13/08
Posts: 1
Loc: Utah
Just to keep everyone up to date. I was doing some research and I was lead to this forum topic from google. Many of the companies talked about here are out of business. I know that Spectrus just laid off all their saleman and just kept their property management employess for now. They are struggling to make payments on all their properties. I did some research of my own and found [url=http://www.realtynetadvisors.com]RealtyNet Advisors Inc.[/url] They pay up to 6% commission, and all their properties are paid for. They sale the properties as real estate not securities, so they are not feeling the effect of the SEC like Spectrus and SCI are. They work with a sister company called [url=http://www.1031ex.com]1031 Exchange Place[/url] so your transaction will go smoothly. To find out more info go to [url=http://www.replacementproperty.com]Replacement Property[/url].

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#254917 - 10/14/08 01:12 AM Re: 1031/Tenancy In Common(TIC) Companies [Re: Nicholas D]
Merkaba Offline
Veteran Member

Registered: 03/20/07
Posts: 1085
Loc: South Carolina
lol nice try
_________________________
Realtor Extraordinaire, ABR, E-Pro

Keller Williams Realty
Upstate South Carolina

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