http://www.commercialrealestateloansnow.com/what-is-a-general-formula-for-commercial-real-estate-brokers-earning-commission/ Your Source for Commercial Real Estate Loans Tue, 16 Feb 2010 12:32:17 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.commercialrealestateloansnow.com/what-is-a-general-formula-for-commercial-real-estate-brokers-earning-commission/comment-page-1/#comment-689 Landlord Sat, 25 Apr 2009 11:45:08 +0000 http://www.commercialrealestateloansnow.com/what-is-a-general-formula-for-commercial-real-estate-brokers-earning-commission/#comment-689 10% is the standard commission, both leasing and selling. 10% is the standard commission, both leasing and selling.

]]> http://www.commercialrealestateloansnow.com/what-is-a-general-formula-for-commercial-real-estate-brokers-earning-commission/comment-page-1/#comment-690 Ed Atun Sat, 25 Apr 2009 11:45:08 +0000 http://www.commercialrealestateloansnow.com/what-is-a-general-formula-for-commercial-real-estate-brokers-earning-commission/#comment-690 For years you were given a percentage and it was fixed. Almost everyone charged the same. Now there is real competition. Some will charge a one-time fee that is not a percentage but you pay for all the advertising. They get paid if it sells or not. Others charge a percentage but it depends on how motivated you are to sell. If you want to ask 50% above the last "comp", the percentage will be high because you will be for sale for 2 years. If you put a low price , the agents will get paid fast and time is money; they will charge less. You may wish that i had just given you a "number" but we lost 8,000 agents in Phoenix last month. THey didn't want to quit. The market forced them out. So you will get 5 different commissions from 5 different agents; and each one might be worth considering. For years you were given a percentage and it was fixed. Almost everyone charged the same. Now there is real competition. Some will charge a one-time fee that is not a percentage but you pay for all the advertising. They get paid if it sells or not. Others charge a percentage but it depends on how motivated you are to sell. If you want to ask 50% above the last “comp”, the percentage will be high because you will be for sale for 2 years. If you put a low price , the agents will get paid fast and time is money; they will charge less.
You may wish that i had just given you a “number” but we lost 8,000 agents in Phoenix last month. THey didn’t want to quit. The market forced them out. So you will get 5 different commissions from 5 different agents; and each one might be worth considering.

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