The three ways are 1) landlord pays full commission 2) tenant pays full commission and 3) landlord and tenant split commission 50/50.
Typically the commission was equal to 1 months rent but I am seeing more and more rental commissions being paid as a percent of the total lease amount (ie: 1 year lease at $1000/month. Commission is paid as a percent of $12000, or the tenants being reapinsible for the whole commission.
Realtors should always tell prospective tenants upfront who's paying commission and its unfortunate your Realtor didn't do that. After all with rents so high now, prospective tenants could conceivably have to pay, at a minimum, 1.5 month security, 1st months rent and 1 months rent as commission (total 3.5 months rent) right out of the gate and that gets pricey for people.
Just curious, are you sure the place was listed with a real estate agency or was it a property management company?
I'm an professional REALTORÂ® in NJ. Yes, you can be charged with an real estate brokerage fee because the real estate agent was the procuring cause of the sale and the listing agent as well. When a landlord/Seller list their property with a real estate brokerage firm that means the yard sign that you see on the property is not a FSBO (For Sale By Owner) it's a Real Estate firm who's representing the landlord/seller which means when you and your wife approach the property possibly not aware of much except for the sign that you can view the home and if you like it you would be renting soon. It is our duty as professional REALTORSÂ® to disclose the importance of our profession even in the event you all may have been aware he/she must disclose that information. I do apologize that you were not made aware once you've met with him/her.
*Always remember in any event that a REALTOR is representing a property or if its an FSBO that REALTORÂ® is due a fee for service because he/she was the cause of the property being sold or rented.
I hope you find your beautiful rental your looking for.
If you have any questions you can contact me at anytime and I would be able to assist you with your questions.
Cell: (862) 215 - 2068
Hopefully it will all work out.