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Updated over 3 years ago on . Most recent reply

User Stats

23
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3
Votes
Mirzet Mehovic
3
Votes |
23
Posts

commercial commision rates?

Mirzet Mehovic
Posted

Hi, I'm going to be renting my first commercial property soon. A broker told me its 7% commission in perpetuity. Never rented before so sorry for my lack of knowledge. I have heard that for residential that the commission is like 1 or 2 months rent. But yea just wondering what an average commission is and is there and other structure that I can suggest for the commission or is it always for the entire length of the lease? Thanks. 

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