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Updated about 6 years ago on . Most recent reply
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Buyer's Broker in Commercial
I'm wondering how things work with commercial/MTF and the splitting of brokerage commissions, as I'm getting the sense from some other posts that it differs from residential (seller pays commission, which seller's broker and buyer's broker split).
Some posts I am seeing say that commercial/MTF works the same way, while other posts seems to indicate that the seller pays only the seller broker and if the buyer is bringing a buyer broker into the deal, the buyer must pay his/her broker separately.
Insights?
Most Popular Reply
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For retail commercial typically there is almost always a seller co-op to buyers broker split evenly.
For multifamily it varies across the board with some sellers wanting the buyer to pay the fee etc.
It really depends on who the seller is and if they are individual, partnership, investment syndicate,the national chain business operator, or a REIT- Insurance company,etc.
They all have different practices and procedures.
- Joel Owens
- Podcast Guest on Show #47
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