Md, Home Seller in Cleveland, OH

What can I expect to pay in commission rate for sale of multi-unit residential in the Cleveland area 14-16 units in the 400,000 dollar range?

Asked by Md, Cleveland, OH Fri Jul 8, 2011

Help the community by answering this question:


Commercial commission tend to be higher than residential.
Please keep in mind that the commission is split four ways,
and that you generally get what you pay for:
Marketing a commercial property had more possibilities and usually cost more.

Good luck and may God bless
0 votes Thank Flag Link Sat Jul 9, 2011
Depends on current stats, but it can range from 5-8%
0 votes Thank Flag Link Sat Jul 9, 2011
Since your property is over four units, it falls in the Commercial Real Estate category. Although your real estate commission is negotiable, remember that about half of that is paid to another agent who secures you a buyer. In addition, you want to make sure your Realtor has an incentive to market and advertise your property to get it sold for the best price in the shortest time. You should expect to pay from 5-8% on average.

Lisa Humenik
RE/MAX Crossroads Properties
0 votes Thank Flag Link Fri Jul 8, 2011
Commissions are negotiable, depending on the agent and the services required. Would be happy to discuss further.
0 votes Thank Flag Link Fri Jul 8, 2011
Commercial real estate typically goes for a bit more, but it really depends on many things included in the sale of your property. Commission is always negotiable, and there are many different types of agents out there. You'll want to look at how much marketing and internet presence you'll receive for your listing. The commission could be anywhere from 5-10% depending on who you choose.

Feel free to call us to discuss your particular situation. We'd be happy to help.

RE/MAX Realtors Ohio
Cecilia Sherrard & Andrew Ginter
Web Reference:
0 votes Thank Flag Link Fri Jul 8, 2011
I would think that the standard 5-7% would be the norm, but you can negotiate! never hurts to try, but if you find a good Realtor, don't lose them over a commission squabble!
0 votes Thank Flag Link Fri Jul 8, 2011
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