I have a client that is looking for office space to lease. As an agent, do I get a commission if she leases

a property that I referred? If so, what is the typical commission structure for commercial properties. Obviously, by my question I've never worked in Commercial Properties.
Thanks!
In Leasing Property - Asked by Debbie S. - Nov 18, 2008
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Answer(s)

Dana G.
Broker/Agent
Jackson, GA

First have an Agency Agreement signed by your leasee (client).
Second, yes you should be paid for your work. Be sure to ask the leasing agent for a commission agreement before you submit your clients info.
Third, there is no "typical" commission. Any monies (commission, referral fee, etc.) due you should be negotiated between you and the leasing agent.
I would recommend that you find an agent that is familiar with leasing for your client, you can't help them if you are unfamiliar with the process yourself.

Nov 18, 2008
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Chris S.
Broker/Agent
Coeur D'alene, ID

It all depends. Here you do not need a license to lease property and therefore many property managers do not offer commission or referrals.
Unfortunately, I'd have to advise you NOT to expect a commission but do you best to protect yourself. The prior advice is good and should help.
No set structure for leasing commissions when they are offered. Sometimes its a percentage of the total lease dollars, sometimes its a flat fee, sometimes its a structured payment, like 5% of the first year, 4% of the second year, 3% of the third year, etc.

Jan 16, 2009
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