I concur for most part with previous answer. Caps on fees are typical of credit or larger clients and not generally successfully negotiated for a regional or local tenant. My rates are 4% and do NOT include new or renewed leases. On a renewal, 2;, new: depending on whetehr or not another agent is involved. If agent, then 4-5%. If on my own, 3%. On CAM REC, I charge a separate fee that includes audit. To collect the CAM REC overages I charge a % based on the collectable.
Sep 1, 2011