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Updated about 13 years ago,

User Stats

8
Posts
0
Votes
Steve P.
  • Milwaukee, WI
0
Votes |
8
Posts

Commercial broker lease commission rates ?

Steve P.
  • Milwaukee, WI
Posted

Hey guys and gals

Can you guys tell me if this is the norm,
this is from a listing contract that was presented to me yesterday.

Thanks for any input

Steve

Referencing Lines 28-32: Broker's commission
shall be: the greater of four percent (4%) of the average annual rent over the term or $4.00 per
square foot, 1/2 paid upon execution of the lease and 1/2 paid upon occupancy. In the event of a
co-broke, commission shall be an additional fifty percent (50%) of said amount. 9)Reference Lines
238-239: This Listing Contract shall continue to renew for consecutive six (6) month periods or
until which time Seller delivers to Broker a thirty (30) day written notice to terminate this Listing.

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