Updated over 5 years ago on . Most recent reply
Commercial Real Estate Commissions
I have a small commercial office property in Chamblee and have been given all kind of different quotes for what "typical" commission for both the Landlord and Tenant agents are. Does anyone know what is actually standard? I don't want to be too low so that the Tenant agents don't consider my property fully, but also don't want to over incentivize.
Most Popular Reply
@Josh F. Yes, I’ve closed over 100 commercial leases in Dallas, San Antonio, Houston and Atlanta.
How many spaces do you have for lease? If you have a bunch of spaces you will want to pay market rates to maintain broker relationships. But if it’s just the one space you can negotiate their commission harder. Usually the two brokers split the commission.
The important thing is finding a good tenant though. Especially with recession headwinds coming.