What should be the real estate com. on a commercial property with 1 realtor making an unsolicited bid on a property worth 400K - 500K.

Asked by Donw, 04106 Thu Apr 26, 2012

Help the community by answering this question:

+ web reference
Web reference:

Answers

4
Daniel Anderson’s answer
Daniel Ander…, Agent, Portland, OR
Thu Apr 26, 2012
It is up to the seller or buyer or the respective agents. The parties can discuss what they want and who is to pay it. It is agreed upon just as any other part of the deal like the price and who is going to to pay for items that may come up in a building inspection etc. Commissions are completely negotiable. If you cannot negotiate this yourself perhaps you should be represented. The cost to have representation by a broker is also 100% negotaible.
0 votes
Jonathan Rob…, Agent, Lewiston, ME
Sat Sep 7, 2013
Please give me a call if you still have any more questions.

207 632 2110





Thanks,



Jonathan
1 vote
Don Tepper, Agent, Burke, VA
Sat Sep 7, 2013
As the others say, commissions are negotiable.

If you're making the offer, that's something for you to discuss with your Realtor beforehand. It's likely the Realtor (or his/her brokerage) has a number, or a small range, for expected commissions. If you're not happy with that, negotiate or interview other agents.

In most cases, the commission would be the same, or very slightly higher, than what they'd charge for a listing on the MLS. Again, though, it's negotiable.

If you're receiving the offer, it's not your concern; the commission will be paid by the buyer.

Hope that helps.
0 votes
Tim Moore, Agent, Kitty Hawk, NC
Thu Apr 26, 2012
We don't discuss commissions. They are totally negotiable.
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more