Extension option commission question. Looking for advice.
Hi Commercial RE friends, 

Details include, Signed a 2 year lease, Total Rent: $143,160.00, Commission Rate 6%, Total Commission: $8,589.60. The LL agreed to pay every 6 months due to shared risk. I speak to the tenant periodically and he has informed me that he will execute the 2-year extension option. I've talked to other colleagues and they say when extension time comes they usually lessen the percentage. Would you request 6% or less?
[{"id": "huq7g9s", "text": "It really depends on your market. Do you have a commission agreement? If so what does it say about renewals?", "replies": [], "depth": 1}, {"id": "huq7lrw", "text": "As a landlord I\u2019ve never paid full commission on a lease renewal, usually pay like 2/3rd of commission rate for new. The rate you get paid should be spelled out in your listing agreement with the LL.", "replies": [], "depth": 1}, {"id": "huqb5vv", "text": "The % is usually less.  Depending on your relationship with the landlord and future opportunities to do business with them, you may just want to waive it.", "replies": [], "depth": 1}, {"id": "huqmp9d", "text": "Depends on market. But if the LL doesn\u2019t agree to an extension that you are representing shop them on other space.", "replies": [], "depth": 1}, {"id": "huqsdxj", "text": "This should have been negotiated and agreed upon with when the commission agreement was signed. Do you have one? What's it say? \n\nDoes the landlord have any obligation to pay you for the extension or can he say \ud83d\udd95 ?", "replies": [], "depth": 1}, {"id": "hurutai", "text": "Car you get it as partial ownership? That's your best option in my opinion. 6+, feast or famine. Keep yourself in mind, and your future; always work your fucking ass off and be the best. If you do that noone will ever go anywhere else. If you're the best your you're the best. If you want six percent go above and beyond no questions asked. I can type the same thing a billion different ways.\n\nThe most important way, though, is to do whatever you have to do to make sure your client is more than satisfied. Make them smile. Put them first and then you'll be putting yourself first. You're not trying to fuck them. If you help build those around you up you'll build yourself up, if you don't end up building yourself up at the same time, it's pointless. Time is money, have you learned what you learned to put your thumb up your fucking ass and look stupid? Nah. I digress.\n\nIf you wanted to have a nice piece of paper or waste your time you could do that better with some fuckin paint, or flicking your dick, or beating your clit. Then you wouldn't make anything unless you filmed it, usually. In that case you better realize that everyone has a weird fetish and you're perfect and someone will pay for something somehow, but, you'll probably do better in RE.\n\nMost people spend more on tangible property they can keep than they do on porn or hookers and blow. I was not one of those, and I'm a felon that's bumming beer with no money in a state that I can't utilize my potential in so I'm sitting here with my thumb in my ass taking shots of Listerine like once or twice a week in times of necessity", "replies": [], "depth": 1}, {"id": "husscus", "text": "Did you sign a Commission Agreement with the LL when you brought the tenant that addresses renewals?  My Commission Agreement (I\u2019m a LL) says the broker gets half the original commission rate provided the broker is involved in the renewal negotiation.", "replies": [], "depth": 1}, {"id": "hut7gj1", "text": "If you didn\u2019t help with the extension and it\u2019s not in your agreement you definitely not be paid. In CA in normally a half fee for renewal.", "replies": [], "depth": 1}]