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What are normal brokerage commissions for commercial real estate? |
how does it work if you are a landlord renting out office space There are no "normal" brokerage commissions. By law all commissions are negotiable. As to how does it work if you are a landlord, depends on what contracts you sign with a broker. commision on selling, the loan or on getting a renter? I have seen 4-8 % of the term of the lease. However, it is all negotiable. I will not pay a commission on the term of a lease. I would Rather pay an X amount of dollars to find a tenant. Tenants sometime break leases;costing you money if you paid an agent up front for the term of the lease. |
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