A: It’s not a good idea. Putting a board member in the position of finding a pro bono solution can cause conflicts with his/her firm and the organization. Leave your real estate experts in a policy-making role. Treat your organization’s real estate needs as an important decision that requires an outside professional broker working for the organization.
Q: Can’t one of our board members who is a real estate broker handle a real estate transaction and save the cost of broker fees?
Aug 11, 2015