Some people think that because the transaction value is $5million in value, the commission should be lower... I disagree. I think I provide value relative to the value of the transaction and I should get compensated according to the value I provide to the clients... I have saved people up to 1/2 million dollars in negotiations... which dwindled in comparison to my commission...
Also sometimes people think they are paying me to handle their transaction... they are actually paying for what I know and how I negotiate... my 12 years experience.. my team of over 100 people all my degrees all my connections and network... you pay for access to all of that... not just for me to take a picture and put it in the mls.
Hopefully this helps you and remember very ofyen you get what you pay for, but you have to be a wise negotiator and understand that value not always comes in the form of a dollar.
Like everything in real estate, commission is negotiable. However, you will find that commercial is slightly different than residential. It really would depend on the type of commercial listing it is. If it is land, you can expect anywhere from 8-10% coming downward to 5% based on price, etc. Improved properties, it may be possible to do a 4% listing with 2% going to each side, but one thing I would want to stress with you is this... a buyers agent is fully aware of the amount they will be paid prior to showing the property to their buyer, so if you try to go cheaper, the less chance of getting your property shown... the better you pay, the more activity you will receive. I would be pleased to assist you. Please contact me. Thank you.
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
Please let me know if you have any other real estate-related questions!
Alex Khalilifard | Realtor - General Contractor
Listing and Selling Agent