FAQ
Brokers.
This FAQ explains Beplace’s approach to working with brokers and referral partners in commercial real estate transactions. It includes information on referral policies, confidentiality, and co-brokered agreements.
|General.
How does Beplace collaborate with brokers?
Beplace partners with Borrower Brokers through co-brokerage agreements and referral arrangements. In co-brokerage agreements, Beplace handles financing execution after the Borrower Broker completes loan origination; the agreements determine how origination-related tasks are structured between Beplace and the Borrower Broker. In referral arrangements, Borrower Brokers introduce borrowers to Beplace; the agreements define broker compensation and transaction expectations.
|Co-Brokerage.
How does Beplace collaborate with brokers through co-brokerage?
Beplace partners with Borrower Brokers through co-brokerage agreements. The co-brokerage agreement defines the structure of origination-related tasks and ensures a smooth transition from origination to execution. Beplace assumes full execution responsibilities after the Borrower Broker completes origination and formally transfers execution responsibilities. Borrower Brokers do not participate in financing execution under any co-brokerage agreement.
What types of co-brokerage agreements does Beplace offer?
Beplace offers two primary co-brokerage models. In a Collaborative Co-Brokerage, Beplace assists the Borrower Broker with origination-related tasks before taking over end-to-end financing execution after origination is completed. In an Execution-Based Co-Brokerage, the Borrower Broker completes origination independently and then hands off end-to-end financing execution to Beplace. In both cases, Borrower Brokers are not involved in financing execution, and Beplace ensures a structured transition between origination and execution.
Can brokers engage Beplace if they have not sourced a financing option?
Yes. Borrower Brokers without a financing source can still engage Beplace under a co-brokerage agreement. The agreement determines how origination is handled, ensuring alignment with the transaction’s needs. If the Borrower Broker requires assistance with origination, Beplace may assist under a Collaborative Co-Brokerage. If the Borrower Broker does not require origination assistance, Beplace can take over financing execution once origination is completed under an Execution-Based Co-Brokerage.
How are responsibilities divided in co-brokerage agreements?
Responsibilities are structured based on the co-brokerage model. In a Collaborative Co-Brokerage, Borrower Brokers handle origination, and Beplace assists with certain origination-related tasks before assuming full responsibility for financing execution. In an Execution-Based Co-Brokerage, Borrower Brokers complete origination independently and then fully transition financing execution to Beplace. In both cases, Beplace manages every aspect of financing execution, and Borrower Brokers are not involved in execution-related tasks.
How does Beplace handle confidentiality in co-brokered arrangements?
Beplace prioritizes discretion in all transactions. In co-brokerage arrangements, Beplace ensures that all details remain confidential. We do not publicly acknowledge or expose any transactions, maintaining the same level of confidentiality as with direct engagements.
How does Beplace’s conflict-free representation affect co-brokered deals?
Beplace’s conflict-free representation remains in place for co-brokered transactions. We never represent or advocate for lenders, creditors, receivers, trustees, or any party whose interests conflict with borrowers.
How are fees structured in co-brokerage agreements?
Compensation is determined on a case-by-case basis, depending on the co-brokerage agreement in place. In a Collaborative Co-Brokerage, fees reflect Beplace’s assistance with origination and full financing execution after the Borrower Broker completes origination. In an Execution-Based Co-Brokerage, fees reflect Beplace’s full financing execution after origination is independently completed by the Borrower Broker.
If the Borrower Broker has a direct agreement with a borrower, Beplace may accept a co-brokerage agreement with the Borrower Broker. If no such agreement exists, Beplace may require both an engagement agreement with the borrower and a separate co-brokerage agreement with the Borrower Broker.
Brokers needing further details about fee structures and pricing models should refer to the Pricing FAQ .
How can brokers initiate a co-brokerage agreement with Beplace?
Borrower Brokers interested in co-brokerage opportunities can initiate the process by contacting Beplace through our Contact page or by scheduling a call to discuss potential opportunities.
|Referrals.
Does Beplace value referral business?
Yes. Beplace values broker relationships and recognizes the role referrals play in financing transactions. We work with Borrower Brokers who introduce borrowers and establish referral agreements that clearly define broker involvement, compensation, and transaction expectations.
How does Beplace handle confidentiality in referral transactions?
Beplace prioritizes discretion in all transactions. In referral transactions, Beplace ensures that all details remain confidential. We do not publicly acknowledge or expose any referred transactions, maintaining the same level of confidentiality as with direct engagements.
How does Beplace’s conflict-free representation affect how referrals are handled?
Beplace’s conflict-free representation remains in place for referrals. We never represent or advocate for lenders, creditors, receivers, trustees, or any party whose interests conflict with borrowers. If a borrower refers another client to Beplace, we manage both transactions independently and with complete confidentiality to avoid conflicts.
How can brokers submit referrals to Beplace?
Borrower Brokers can submit referrals by contacting Beplace through our Contact page or by scheduling a call to discuss the potential referral.
What compensation do brokers receive for referrals?
Compensation is determined on a case-by-case basis, typically involving a referral fee agreed upon before engagement. Referral fees are generally paid upon engagement or another agreed-upon milestone. Unlike co-brokered commissions, referral fees are not tied to financing execution and do not require ongoing broker involvement. Borrower Brokers are encouraged to discuss compensation structures during the initial referral discussion.
|Have more questions?
For more answers on other topics, visit our general FAQ page.