You can be paid monthly as the rent is paid. If the commission is 6% of the rent, you get that paid monthly. If they exercise the option you stop getting paid. If they dont exercise, you continue to bill your commission monthly.
If he says you are getting paid twice, you are not. You get paid a commission on the value of the rent he collected and then paid on the sale.
You can be paid out on the lease up front, and if they exercise the option, you reduce the sale commission by the un-amortized prepaid leasing commission. If they pay half way thru the lease, you reduce the sale commssion by half the leasing commission.
Dec 4, 2011