Home Selling in Los Angeles>Question Details

Laura, Real Estate Pro in 92662

What is a normal commission fee for a commercial building in LA in excess of $10 million?

Asked by Laura, 92662 Wed Jul 11, 2012

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10
Neal Grusky’s answer
there is no set commission fee with any property. It is all up for negotiation.

"NEAL KNOWS LOS ANGELES AREA REAL ESTATE"

"Neal Grusky"
DRE# 01890580
Hpremiere Properties
Real Estate and Financing
10940 Wilshire Blvd. Suite 1600,
LA, CA 90024 | Office:
(800) 652-1768
neal@hpremiere.com
1 vote Thank Flag Link Mon Jul 16, 2012
Commissions are negotiable for residential and commercial properties.
1 vote Thank Flag Link Wed Jul 11, 2012
Laura,

This discussion poses a problem for real estate brokers and could be considered a violation of anti trust laws.

http://bit.ly/NKUFF7

Be careful and good luck.
1 vote Thank Flag Link Wed Jul 11, 2012
As you know, all commissions are negotiable, however, I often sell "commercial" properties between 4-5% depending on the client. Most of my clients would do the commercial deal at 4% as they are only looking at numbers, but it also depends on how badly the sellers want to sell the property... if they want to move it, they often pay the going 5%. I dont see 6% on any of the commercial deals we do. I would be happy to assist you or take a referral if you are having difficulty. Thanks for asking.
Sincerely,
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills South
166 N. Canon Dr, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0690 fax ATT: RJ
RichardKas@gmail.com - http://www.RJforLA.com - DRE: 01352771
Sellers Buyers Investors Leasing Consulting
0 votes Thank Flag Link Sun Jul 29, 2012
Dear Laura,
A Commercial Property sale or purchase requires additional training that residential Realtors have not had. This type of sale would be better in the hands of a Commercial Brokerage who can give the client proper service. I strongly recommend the client to contact a Commercial Broker, I can refer you if you need this.
0 votes Thank Flag Link Sat Jul 28, 2012
If you're not satisfied with what you've been offered so far, then the best advice is to inquire with individual real estate brokers. Generally, the larger commercial firms charge more as they have higher set overhead costs. Otherwise, smaller firms like mine are able to deliver similar results as we aren't spreading our attention across dozens of deals.
Web Reference: http://www.archershomes.com
0 votes Thank Flag Link Mon Jul 23, 2012
I Can offer you best exposure and best commission schedule on this property/transaction.

Being an owner of the real estate company allows me great flexibility on the commission terms without sacrificing any quality of service

Please call me direct!



____________________
Help with Any Real Estate Transaction - Buy or Sell

Call me 424-777-9377 - FREE CONSULTATION!



Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) ext. 777.



Sergey Fednov

President - Realtor®
- Trust Sale Realty -

Residential & Commercial Real Estate
_______________________________
Toll Free: 1-855-TRUST-55
Toll Free: 1-855-878-7855
Phone: 424-777-9377
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0 votes Thank Flag Link Wed Jul 11, 2012
All commissions are negotiable. You may want to interview 10 agents and get your own idea of what normal is to you. Who knows you may even meet someone you really connect with.

Don't forget to vote best answer for those who give the best answer.

Harold Sharpe - Broker
So Cal Homes
(951) 821-8211
harold@socalhomes.biz
http://www.socalhomes.biz
California Department of Real Estate Broker License # 01312992
0 votes Thank Flag Link Wed Jul 11, 2012
There's really no "normal" just like in residential properties. Commercial is so much more intense as far as the sale process and commission can be based on so many different variables. If your the listing agent, check out the competition on Loopnet and get a feel for what others are paying. If your representing the buyer come right out and ask the listing agent.
Good luck!
0 votes Thank Flag Link Wed Jul 11, 2012
Commissions are always negotiable between the listing agent and the property owner. There are significant reasons and bonuses for offering a full commission versus a discounted commission. Everyone who sells property wants to pay the smallest amount they can, however real estate agents work on commission-the better the commission-many times the more showings you will get and ultimately the more showings you receive the more chance at offers you will have.

What area is the property located in?

Have a great day,
Heather Paul, Realtor
Coldwell Banker
310-586-0364
http://www.HeatherPaulOnline.com
0 votes Thank Flag Link Wed Jul 11, 2012
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