NY City (Murray Hill/Kips Bay) commercial property representation
Hello. I am thinking of partnering with a colleague in my brokerage firm to advertise a small commercial space. Since it will be my first incursion into commercial I am just looking for a lay of the land of what to expect/ask when I meet.  

For context, while walking around Murray Hill/Kips Bay, which is near my broker's office, I reached out and called a number I saw scribbled by hand on a business window sign, and the owner answered. We spoke a bit. It's a turn-key operation that he and his partner just finished renovating. Not allowed for food operations but currently ready for a beauty salon operation. Rent about $5K a month (maybe 500 sf? (I realize now I needed to ask that).

I guess before I pest you guys with my newbie questions, I would appreciate if someone points me to a good source (online preferably, but book ok) that shows a basic lay of the land on what representing an owner entails when it comes to fees, where best to advertise (LoopNet?), etc.  

For now, I plan to continue doing residential units, but I come across enough of these FRBO/FSBO on the commercial side that I want to explore more.

Thank you all.
[{"id": "genpzt5", "text": "You charge \\~2.5% listing the property.  $5Kx12((per year)x.025=?   In west coast like SF, no inside hair grooming is permitted now. Very soon they will ban outside also.  $10/sf NNN seems to be excessive. \n\nNo, it is not loopnet, Costar has a number of these business sites is where you advertise. Basic plan is $150 ish min 6 month. MLS is another direction,    I have no trouble pick up one of those business for sale, restaurants as majority are going to be out of business and will be evicted after the commercial moratorium.", "replies": [], "depth": 1}, {"id": "geq7ybs", "text": "You should partner with someone who is actively in the CRE business who knows all these answers. You are doing a disservice to the client if you are making it all up as you go along. Look for an independent CRE firm in your area as they can be more creative and will likely be more willing to work with you. If you want a good resource for learning the basics of the CRE business, I highly recommend you go to [tdogs.com](https://tdogs.com) and purchase the How to Fast Track series for $695. If you even remotely serious about getting into the CRE business, you will make this investment in yourself.", "replies": [{"id": "geqa5vd", "text": "I like and really appreciate your suggestions. Thank you.", "replies": [], "depth": 2}], "depth": 1}, {"id": "gerptiv", "text": "Ask your broker for help", "replies": [{"id": "gerpxtq", "text": "BT;DT", "replies": [], "depth": 2}], "depth": 1}]