what is a general guideline for broker commission on retail leasing? To cover BOTH brokers?

In Leasing Property - Asked by Thomas K. - Mar 22, 2013
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Answer(s)

Susie W.
Broker/Agent
The Woodlands, TX

Here in San Antonio, standard is 6%. 4/2 split, with 4% going to the tenant rep.

Mar 22, 2013
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Michael E.
Broker/Agent
Houston, TX

When signing a listing agreement, the agreement should spell out the split between the brokers. A multitenant building commission usually favors the tenant's agent by a point or two. A freestanding building usually commands an even split between the two brokers.
Due to the Sherman Antitrust Act, brokers cannot discuss "standard" or "common" broker fees. This is to deter price fixing among the brokerage industry. However, they can discuss what fees they will charge you to sell/lease your property.

Mar 22, 2013
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Isaac S.
Broker/Agent
Pasadena, CA

Lessor will pay a real estate commission upon lease execution base term at a rate of six percent (6%) of the lease aggregated rent during the initial Lease Term, 3% to Listing agent and 3% to the Tenant agent . And four (4%) of the lease aggregated rent, divided equally between Listing and Tenat agents upon execution of any lease options that are exercised by Lessee for each term extended thereafter.

Mar 22, 2013
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Linda A.
Broker/Agent
Scottsdale, AZ

In AZ is normally 6% with 3/3 split or , it can also be 5 dollars/foot whatever is is more. The last is normally done when the space is too small and 6% would generate too small of a commission

Mar 25, 2013
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HARVEY M.
Owner/Investor
Fort Lauderdale, FL

10% OR 1 MONTHS RENT

Mar 27, 2013
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Anthony P.
Broker/Agent
Clermont, FL

Negotiate everything is negotiable and if you are listing the property always use a listing agreement. If there is a question don't waste any time to clear the air.

Mar 28, 2013
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