Subject: File No. S7-26-07 - Support For Tenant-in-Common (TIC) Regulatory Postion

December 4, 2007

Dear Ms. Nancy M. Morris:

I am writing in support of File No. S7-26-07 which, if adopted, would allow licensed real estate brokers to be compensated for their real estate expertise in securitized Tenant-in-Common (TIC) transactions.

It is hard to believe that currently TIC's (which in reality are REAL ESTATE) can only be sold by those possessing a securities license, which does not necessarily equate to expertise in representing a client in a REAL ESTATE transaction.

I am hopeful that the rules will be changes to allow QUALIFIED persons possessing a REAL ESTATE license to be able to sell this REAL ESTATE and be compensated for it.

Please feel free to contact me with any questions. Thank you for listening.

Regards,

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Braun A. Mincher, President/Managing Broker
Aggie Real Estate, LLC / Aggie Commercial, LLC