What is the typical commission percentage paid for sale of commercial property?

Thank you!
In Selling Property - Asked by SANJEEV G. - Jan 28, 2009
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Answer(s)

Peter S. W.
Listing Administrator
Englewood, NJ

4% 1st $5,000,000,3% 2ND $5,000,000. 2% THEREAFTER.

Jan 28, 2009
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Janice R.
Broker/Agent
Cumming, GA

Actually, it depends on the buyer and seller and what type of agreements you have with either or - Land deals are standard 10%, split/co-brokered.....however, in some of the more rural parts of GA they are still between 4% and 7% total.....always go in with the standard and let them negotiate, never negotiate against yourself, there is no reason to!

Jan 29, 2009
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Paul S.
Broker/Agent
Glendora, CA

Commissions vary with the economy. Times are getting tougher right now and inventories are beginning to swell. Keep in mind agents are attracted to higher commissions. In good times, when the inventory is low, agents will work for less. In slower times there is more inventory to choose from and agents tend to show the higher paying properties escpecially if there are many to choose from. Price is also a consideration. If you are a seller don't cut off your nose...... to save a few bucks on commission. It will be far better to pay slightly more commission now and get a sale, rather than waiting for the inevitable drop in sales prices that are upcoming. I expect them to be big.

Feb 5, 2009
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Chris S.
Broker/Agent
Coeur D'alene, ID

Commission rates are not fixed. Actually its illegal and a violation of federal anti-trust law to even discuss commissions between brokers. What we can tell you is that commission rates are negotiable. Some times a particular office or brokerage has a standard schedule, but there are no standards across the industry.

Feb 6, 2009
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Jim B.
Owner/Investor
Stoughton, MA

I have experienced 5% in Boston area. As stated all listing agreements are negotiable. Lower percentage for large ticket sales. Minimums for small transactions.

Feb 9, 2009
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Chris S.
Broker/Agent
Coeur D'alene, ID

WOW any agent replying to this question could be charged with a felony! It's illegal to say pretty much anything but there is no "typical rate".
Every company sets their own fees and those fees are negotiable. Call a dozen qualified, experienced agents in your market and find out what the different structures are is about the best you can do to answer that question.

Aug 3, 2009
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