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Updated about 4 years ago on . Most recent reply

User Stats

172
Posts
110
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Stephen E.
  • Rental Property Investor
110
Votes |
172
Posts

Commercial Rental Listing Agent

Stephen E.
  • Rental Property Investor
Posted

I'd love to know what people think about listing commercial properties for lease with a listing agent.

I have a 3,000 square foot store front in New Orleans I'm almost done rehabbing (it's been a process!). It'll probably rent as a small grocery or a restaurant, around $5000 per month I imagine.

How do people feel about listing commercial rentals with agents? I'm worried about being locked in a contract and then it not renting and still having to pay a commission if I have to end up doing the listing myself. Also, 5% commission to the agent on the entire lease, 6% commission if the buyer has an agent.

Any insight is appreciated, especially if you have experience using a listing agent for your commercial rentals.

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