What is the procedure for payment to agent for 10 yr lease9500/per mo. no purchase options. 10% rent increase

every 2 years?
In Leasing Property - Asked by Fran L. - Dec 5, 2011
Report Abuse
Answer this Question

Answer(s)

Robert P.
Broker/Agent
Charlotte, NC

Most commissions to a listing broker are paid upon execution of the lease and is figured on the total value of the lease. This could be negotiated but there are times when another broker is involved and their split is expected up front.

Dec 8, 2011
Report Abuse
Jay Z.
Broker/Agent
Phoenix, AZ

Since an escrow company is not used on most lease transactions, the owner of the property writes a check to the listing broker for the amount of the commission in the listing agreement. The check is made out to the broker's company.

Dec 15, 2011
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question