Mohammed Rahman
Understanding commercial lease commission payout term/wording
Hello BP community!
I recently closed a commercial lease transaction and needed some help understanding the commission payout structure. Although the broker explained it to me over the phone, I didn't make a note of ...
Kevin Wang
Appropriate commission percentage if tenant is buying
Hello BP experts,I have a rental property that I was going to put on the market to sell and I have a realtor/agent that I have aligned to work with me on this transaction. However, my tenant just informed me that he ...
Zachary Caudill
How Do I Sell my 15 Unit Apartment Building Off- Market?
Hello, I have a 15 unit apartment building and I would like to sell it but I do not want to list it with an agent to avoid paying a high commission percentage. Where should I market the property and how?
Account Closed
Should 6% Still Be Charged to Sellers?
As a real estate agent, I have seen a push in full-service reduced listings for homeowners and investors looking to sell homes. For example, this would be decreasing the standard 6% fee to sellers to around 4%.What ar...
Daevion Poindexter
Bringing Value To Real Estate Investors
Hello Investors! I am an investor agent looking to build relationships with investors. From the investor standpoint, what are some keys you investors would want to see from an agent that draw you to an agent? How do I...
Matt F.
Who gets late fees collected by property manager?
For those of you using a property manager, if there is a late fee assessed for late rent does your property manager keep that fee or remit that to you? My tenants were late and a 50 dollar fee assessed and I was surp...
Xavier Randall
MORTGAGE LENDING OPPORTUNITY
Hello BP Community. This is for those primarily in the lending sector. Between a CDIF mortgage company and a mainstream mortgage company, which will generate more business and which would you prefer to work for?
Ed Kahle
private lender agreement
I have a friend who is willing to lend me 100% needed to purchase, fix/flip properties. He would get 15% interest with principal and interest due when I sell the property. His loan would be secured as first lien hol...
Courtney Duong
Commercial Lease Commission Structure
Hello BP,
We are in the middle of negotiation with a potential tenant for a 2350 SF at our shopping center. We are getting very close to having the LOI signed and moving into lease drafting. Yesterday we received t...
N/A N/A
Typical real estate commission on luxury properties?
What is the typical real estate commission (percentage) in the US for properties exceeding $1,000,000.00?