Are nontraded REIT commissions headed for a fall?
New rules proposed by Finra will make fees more transparent, but could result in lower upfront commissions for brokers, Bruce Kelly reports.
Registered representatives who sell nontraded real estate investment trusts should brace themselves for upfront commissions that will likely be lower than in the past.Reps and their broker-dealers saw a bonanza last year from nontraded REIT sales. The typical commission to a rep and firm is 7%, and
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