Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

18
Posts
1
Votes
Michael P.
  • Investor
  • Astoria, NY
1
Votes |
18
Posts

How much commission to pay rental broker

Michael P.
  • Investor
  • Astoria, NY
Posted
I’m looking to rent a place in Manhattan and want to know going rate for broker’s commission payable. I rent many apartments and never let my broker charge more than a month because I don’t want the commission to drive the discussions. I’ve noticed in this market flooded with luxury rental/condos that condo rentals are asking for broker’s commission of 15% of first year’s rent. I find that to be absurd especially when the new luxury rentals are offering 2 months free rent for 14 months and some 3 months for 24 months. What is a reasonable commission?

Loading replies...