what is the typical commission rate on sales in the 10 to 25 million range paid to brokers in chicagoland area

In Selling Property - Asked by Daniel Z. - Apr 12, 2011
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Answer(s)

Rob B.
Chandler, AZ

Daniel…..
As usual this must be answered with the caveat "all real estate commissions are negotiable". "Chicagoland" is really no different than other areas for commercial real estate, unless Al Capone has been reborn. Generally, a commission on a transaction of $10 - $25 million will be in the range of 1% - 1.5% on each side. This may go as low as 1/2% on sales in the higher ranges. Keep in mind a half-a-loaf is sometimes better than no loaf at all.
Onward and upward Daniel..... Rob Baird, CA RE License #544165 (One of the oldest, active licenses in CA) 951 515-5855 Email: rob@capratecommercial.com

Apr 13, 2011
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Matthew C.
Broker/Agent
Indianapolis, IN

1.5 is what I have found to be average.

Apr 20, 2011
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