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Updated over 5 years ago,

User Stats

17
Posts
8
Votes
Mike Xiao
  • San Diego, CA
8
Votes |
17
Posts

Buyers Commission on larger $10M deal

Mike Xiao
  • San Diego, CA
Posted

Hi,

Not sure if this is the right place to ask, but figure I'd give it a shot.  I have a client looking to potentially buy a $10M multi family apartment building.

I asked the seller agent what the buyer's commission is, and he said the seller is not paying buyers commission.  

Is this common in these types of transactions? 

If so, I am planning to work out a deal with the seller and agent to write it in the contract to get a buyer's commission.

Is 2.5% a reasonable commission percentage in these types of larger deals?

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