The Property Owner pays the commercial real estate brokerage fee.
A common misconception is an Agent’s Commission adds to the purchase price or lease rate, but the fact is a Qualified Commercial Real Estate Professional can achieve a much higher Purchase Price and Lease Rate than the average Commercial Property Owner negotiating on their own behalf. Experienced Agents have access to the most up-to-date information, indepth knowledge of comparable sales and lease transactions, along with years of negotiating expertise which results in a better outcome for the people they represent.
Leasing Commissions are based upon the total consideration for the term of the lease, which is paid upon its execution and is typically covered by first month’s rent and security deposit.
Sales Commissions are taken out of the Seller’s proceeds at the close of an escrow.
