Are brokers necessary in every real estate deal?

By Allen Buchanan

Recently, I opined about commercial real estate technology and whether technology will replace the role of a commercial real estate broker.

If you missed the post, shame on you! But, here’s the punchline: Not likely, thanks to a myriad of reasons.

Today, I’ll share some of the functions of a commercial real estate broker — in a deal — and what level of participation is necessary.

Before we address the question, a bit of background. Most commercial real estate transactions — be they a new lease, a purchase, or a lease renewal in an existing space — employ two sides: a procuring agent (those representing the buyer or [READ MORE HERE]

Source: OC Register

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