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Typical Commission % for a renewal of a Commercial Lease???
Hey All!
I'm about to get a lease renewed (hopefully) on a commercial property. I have a commercial brokerage negotiating the lease for me. I was just curious on what the standard % commission for a 5 Year lease would be? I've seen numbers ranging from 6-3% upfront of the total yearly lease.
Thanks BP community! Have a great day!
-Ryan