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Asked by Druca, 33139 Wed Dec 7, 2011

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Answers

12
Kevin O'Rour…, Agent, Miami Beach, FL
Wed Dec 7, 2011
Throughout the State of Florida, all real estate commissions are Negotiable. Here in Miami Beach, the customary commission paid by the Landlord is either 10% of the annual lease revenue or 1 months rent, again that is negotiable between the two parties. The Listing Broker then shares that, usually 50/50, with the Tenant's agent/broker if the tenant has one. If the tenant has no agent, then the Listing Broker collects the full commission agreed to in the listing agreement. The tenant normally does not pay any commission, but again that is negotiable between the tenant and his/her agent.
Whether you are the Landlord or the Tenant, be sure to ask if your agent or broker charges any other fees on top of the declared commission, so that you can fully understand your financial obligation.
Web Reference:  http://www.kormiami.com
1 vote
Bryan Sereny,…, Agent, Miami Beach, FL
Fri Dec 9, 2011
the standard is 10% of the lease value or 1 month rent.
Web Reference:  http://www.bryanandbill.com
0 votes
Anna M Brocco, Agent, Williston Park, NY
Wed Dec 7, 2011
When it comes to commission, they are no set standards; commissions are always negotiable...
0 votes
Alma Kee, Agent, Tampa, FL
Wed Dec 7, 2011
Hi Druca,

Everything is negotiable.

If you're looking for a Real Estate firm to manage your rental property and find your tenant, typically it's the first month's rent plus about 8-10% of the monthly rental income.

If you're looking to rent a property, you may be able to find an agent willing to help you find a rental and only accept the minimal commission offered (depending on the rental price range) offered. You may have to pay a Realtor to help you if you're looking in a lower rental price range, though.

All the best,
Alma
http://www.SoldOnTampa.com
0 votes
Michael Mari…, , Bayville, NJ
Wed Dec 7, 2011
generally one month/two months rent.
Why are you looking to rent? Its is actually cheaper to buy now.
0 votes
Audra McColl…, Agent, Miami, FL
Wed Dec 7, 2011
All sales/rentals commissions in the State of Florida are negotiable. If you are looking to list a property for rent, I will be happy to discuss it with you. Feel free to contact me. I work Miami Beach on a regular basis.

Best regards,
Audra
0 votes
Chad Kritzas, Agent, Middletown, RI
Wed Dec 7, 2011
Hi Druca, rental commission vary greatly by area and agency. Many agents will charge a percentage based on the term of the lease (lower commission for longer term, etc) or another example would be to charge one months rent.

The Chad Kritzas Team
Keller Williams Realty
http://www.CallChad.com
0 votes
Dorene Slavi…, Agent, Torrance, CA
Wed Dec 7, 2011
Dear Druca,
It varies by brokerage and location. It might also vary depending upon what type of job you are giving the agent to do. If they are leasing out an entire apartment bldg, or a single family home. The best thing to do is to interview a few in your area and choose the best agent there!
0 votes
Nadine Mauro, Agent, Lake Worth, FL
Wed Dec 7, 2011
Hi Druca,

If you have a property that you wish to rent to a tenant, then contact me and we can discuss the terms.

If you are a prospective tenant, then there would be no charge to find you a rental.

Thanks for the question.

Nadine Mauro
Highlight Realty
561-414-0864
NadineSellsHouses@gmail.com
http://www.floridahouseseller.com
0 votes
Joseph Runfo…, Agent, Staten Island, NY
Wed Dec 7, 2011
There is no usual commission! Each real estate company is free to set its own fee schedule and to negotiate various rates with individual landlords and tenants. Any agreement between two different firms to set standard rates, however, is a serious violation of antitrust laws. Violations occur when competing firms agree to act together, this is what the US Justice Department calls restraint of trade. There is no set fee, fees are negotiable.
Web Reference:  http://www.clovelake.com
0 votes
Danielle Sha…, Agent, Cape Coral, FL
Wed Dec 7, 2011
There is no set commission rate - everything is negotiable. Every market is different though.
0 votes
Joel McWaters, Agent, Indianapolis, IN
Wed Dec 7, 2011
It varies from rental to rental.
0 votes
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