Example Calculation. If you're a building owner leasing a building for $3,000 per month for a three-year term, the total amount you can plan to collect is $108,000. You would pay your real estate agent an average of between $4,320 for a 4 percent commission and $6,480 for a 6 percent commission.
1 A Chapter 7 bankruptcy remains on your credit report for 10 years after the date filed.  Chapter 13 Bankruptcy: The person filing repays a portion of his or her debts through a debt repayment program. A Chapter 13 bankruptcy remains on your credit report for seven years after the date filed.
Bankruptcy is the scarlet letter on your credit report that can cause lenders to avoid you like the plague. Fortunately, bankruptcy does not stay on your credit report forever. The Fair Credit Reporting Act dictates that bankruptcy stays on your credit report for 10 years after your file. While that is a long time, bankruptcy does not automatically disqualify you from obtaining credit while you wait for it to come off your credit report.