Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Question Regarding Rental Commission
Good afternoon everybody!
Happy holidays! I have a very quick question regarding my first deal. I have clients of mine who I negotiated into a 14 month lease. I would like to know if I am supposed to base my commission off of the GROSS ANNUAL RENT for the 12 months RENTX12XCOMMISSIONRATE or the 14 month term of the lease RENTX14XCOMMISSIONRATE.
If anyone has any insight, please let me know! Is it entirely my decision as an agent and the agreement I make with my client?
Happy holidays! I have a very quick question regarding my first deal. I have clients of mine who I negotiated into a 14 month lease. I would like to know if I am supposed to base my commission off of the GROSS ANNUAL RENT for the 12 months RENTX12XCOMMISSIONRATE or the 14 month term of the lease RENTX14XCOMMISSIONRATE.
If anyone has any insight, please let me know! Is it entirely my decision as an agent and the agreement I make with my client?