I just listed a rental and a realtor emailed me with : Will you cooperate with a realtor and pay commission on this rental?I've never experienced this before. I am in a super hot rental market where SFR's are almost...
I've been managing the marketing of a couple of Industrial/Flex Units in San Diego that I own for the last few weeks. After many showings I have now successfully found a tenant that looks promising and we're currently...
I recently made the jump from residential residential real estate to commercial real estate after about 20 years, buying and renting single family homes and small multifamily. I purchased a 40k sqft industrial warehou...
Leased a commercial property for 5 yrs in Florida., agent charged 6% of 5 yrs lease value.
Lease expired, Tenant not interested in renewing the lease, currently on a month to month rent. Agent asking for commission o...
I have a vacant unit in a strip mall that I'm trying to lease out. A prospective tenant contacted me, however he couldn't provide proof of sufficient income, so I declined.A couple of weeks later, a leasing agent cont...
Hi guys -We are leasing out a commercial space with a 5 year term and a 5 year option. The broker is asking for 7 years of commissions - is this normal? Do you think it reasonable to cap the commissions at 5 years (j...
Can anyone with experience with lease commissions for a NNN property give some advice here? We have a stand alone building in the Phoenix area, currently occupied by a national fast food chain but they are leaving thi...
Hello Fellow AgentsThis is a legal question about the distinction between a broker fee and a broker commission.When I work with a seller a listing agreement is signed detailing the fee involved for my services. This c...
Hi all, I’m finalizing a lease to buy deal where I bring a relatively small down payment and had the purchase price deducted 3% for my agent’s commission which I’ll be responsible for. Any tips or suggestions on how t...
Hello BP Agents,Has anyone been watching the commission lawsuits? MLS PIN settled for $3 million and to stop requiring sellers to offer buyer-broker compensation. There are even more lawsuits going on and there are ...