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Updated 7 months ago on . Most recent reply

User Stats

125
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29
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Khaled Seirafi
  • Investor
  • Orange County, CA
29
Votes |
125
Posts

Reasonable Agent Commission

Khaled Seirafi
  • Investor
  • Orange County, CA
Posted

I'm looking to sell a mixed use building, with commercial and residential units, in San Mateo. I'll most likely be working with an agent who specializes in mixed use properties and works for a national firm. What would be a reasonable commission rate?

Also, I'll most likely be using the same firm to buy a replacement property out of state. Can this be a factor to use to negotiate the rate down? 

Most Popular Reply

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857
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582
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Bradley Buxton
  • Real Estate Agent
  • Nevada
582
Votes |
857
Posts
Bradley Buxton
  • Real Estate Agent
  • Nevada
Replied

@Khaled Seirafi

The commission is based on the value an agent will bring. Will they find the property send you a contact and then a thank you card or will they provide resources for tenant improvements, get tenants, stabilize the units, plan for the exit etc... Do they know how to maximize the return on investment for you?

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