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Updated almost 9 years ago,
Typical agent fee?
Hello, I reached out to a listing I found on loopnet which wasnt available. The agent did, however, say he can help me find other properties, and sent me a commercial buyer representation agreement.
The agreement is a standard Texas agreement, but he did put a 6% commission which also states the agent can try to obtain it from the buyer if he is unable to get it from the seller.
My question is - is 6% commission for a buyers agent common? That feels a bit high, but this would be my first commercial deal.
Thanks