brokerage fee is for the term of lease or for first few years

In Leasing Property - Asked by Parmjit R. - Aug 30, 2013
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Answer(s)

Jennifer G.
Broker/Agent
Southlake, TX

in my experience it is paid up front for the initial term of the lease.

Sep 3, 2013
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Gregory G.
Broker/Agent
San Francisco, CA

Yes, usually for the term of the lease and sometimes for options. However it depends... sometimes fees are even flat.

Sep 5, 2013
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Tammy L.
Broker/Agent
Norwich, CT

You asked a loaded question. First, are they managing? Or do they have rental agreement that would extend out their brokerage fee? Normally on a sale only they are paid at closing and nothing after unless you have an agreement otherwise.

Sep 28, 2013
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Matthew S.
Broker/Agent
New York, NY

Generally the commission on a commercial lease is paid for the entire term of the lease on a sliding scale such as 5/4/4/2/2%. However landlords spread can spread the payments over the first 3-18 months, though sometimes paid at the time of the lease signing depending on the landlord. Hope that helps.

Oct 12, 2013
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