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All Forum Posts by: Peter Fro

Peter Fro has started 1 posts and replied 1 times.

Buying & Selling Real Estate

Post: Appropriate sales commission on $3 million multi family block ?

Peter FroPosted
  • arvada, co
  • Posts 1
  • Votes 0

What commission is typical / appropriate on a multi family block with a sale price of $ 3 million?   This is in respect of an unsolicited bid received by the broker from a single party.  There is no extensive marketing campaign or advertising needed:  broker I bought through a couple of years ago has approached me to sell to an interested buyer she has identified and she is proposing 6%.    I have the feeling this is on the high side for multi family transaction of this magnitude.    Any thoughts?

0 Votes