how is the commercial lease commision calculated in the state of maryland?

In Leasing Property - Asked by RAFIU A. - May 7, 2014
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Steve C.
Broker/Agent
Frederick, MD

Generally, the commission is based on the aggregate base lease amount excluding tenant improvements/build-out costs, NNN or utilities. If the rate is $1/sf for 1,000 feet for 3 years, the commission is based on $3,000. ($1.00 x 1,000 sf x 3 years = $3k). I have seen deals structured differently because of the broker's level of involvement in the deal.

May 7, 2014
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