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Updated almost 5 years ago,
Buy-side broker in CRE
Hi all,
I want to learn more about how buy-side brokerage commissions work for individuals working with one in CRE.
- What's the typical commission % for a buy-side broker representing an individual in a CRE deal (multi family, office, retail, NNN, etc) for various deal sizes ($1M-$2M, $2M - $5M, $5M - $10M, $10M-$20M, $20M+)?
- Who pays for the commission for these various deal sizes (seller vs buyer)?
- In the case that it's a buyer, how do you negotiate for the seller or sell-side broker to take on that fee?
- Is it normal for people to work with buy-side brokers at each of these deal sizes? (what % of the time does that happen? why does that happen or not happen?)
Thanks so much!