How does Lessee's agent negotiate his commission with listing broker?

In Leasing Property - Asked by Jack C. - Aug 25, 2010
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Answer(s)

Sandra S.
Broker/Agent
Eatonton, GA

Generally, both agents split the fist months rent unless the listing states a dollar amount split. Commercial property often pays a split and a % dividend for each yr of the lease term. Hold firm negotiating a lease is hard work.

Aug 26, 2010
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Tjader G.
Broker/Agent
Novi, MI

Like a sale for a listed property, there should be a commission in the listing agreement, and provided you represent the Tenant and have been there since the beginning or originated the transaction, in Michigan agents would share the Listing fee 50/50.

Aug 26, 2010
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Sandra S.
Broker/Agent
Eatonton, GA

Generally the first months rent is split 50/50 as commission. If it is a commercial lease there is a split plus a % for each year of the lease. Good luck and hold your ground on commission, negotiating a lease can be lots of work.

Aug 26, 2010
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Matt S.
Broker/Agent
Dallas, TX

Jack,
In the commercial real estate world a standard commission is 6% of the total base rent (not including the triple net pass through expenses), with 2% going to the Landlord's agent and 4% going to the tenant rep broker.

Aug 26, 2010
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Rob B.
Chandler, AZ

Jack....
Read the other answers given. To this I would add, "negotiate carefully". Then get on to placing the tenant under terms that both the landlord and the tenant can agree upon!
Rob Baird, CA RE Lic. #544165 (One of the oldest, active licenses in CA)
951 515-5855

Aug 27, 2010
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