How much do you a pay a broker to find office space?
What percent split do you give to a broker who finds commercial space for rent that you fill with a tenant?
[{"id": "dwx3vzn", "text": "So Tenant rep? \n\nDepends heavily on the market. Some areas are 4.25 percent, while others may be lower", "replies": [], "depth": 1}, {"id": "dwx7g6o", "text": "4% in the DMV area", "replies": [], "depth": 1}, {"id": "dwx8685", "text": "$1/ft per year to tenant rep and $0.50/ft per year to landlord rep.  In Chicago and those numbers are going up on average.  Just had a tenant rep say he wouldn't show for less than 1.25/ft out of the 1.50 gross commission.  He now gets zero and I got both sides a week later.", "replies": [{"id": "dxuy1im", "text": "$1/sf/yr is lower than average, at least downtown.", "replies": [], "depth": 2}], "depth": 1}, {"id": "dwy0cay", "text": "6% on the initial lease.  4% on renewal.", "replies": [], "depth": 1}, {"id": "dwyeicp", "text": "Depends on the city; what city?", "replies": [], "depth": 1}, {"id": "dx3jb9z", "text": "It\u2019s generally calculated as a percentage of base rent each year of the lease with free rent amortized over the term of the lease (argus doesn\u2019t do this so don\u2019t use argus for LC calcs). The schedule of percentages vary depending on the market you are in and if it is a renewal or new lease", "replies": [], "depth": 1}, {"id": "dx3owf6", "text": "As a tenant, you don't pay out of pocket for your Tenant Rep commission. The landlord and the LL Rep agree to a commission %, which it's split with the Tenant Rep. ", "replies": [], "depth": 1}]