How is a Commercial Tenant Rep Real Estate Specialist paid?
Leasing. In today’s market ownership of commercial real estate has become a sophisticated endeavor. It requires that budgets are well planned and funded. Accordingly, commercial property owners have capital expenditure budgets, which are funded to pay commissions to brokers for new leases, both for new tenants and renewals of existing tenants. Commercial Tenant Rep specialists are compensated by payments from owners when a lease is fully executed by tenant and landlord. Purchase. It is standard that a commission is funded to representative brokers upon closing and transfer of ownership, as a function of the purchase money paid to a seller. This has not changed in hundreds of years.
Related Questions
- Does the Commercial Tenant Rep Real Estate Specialist have a conflict of interest if money to pay their fees comes from a seller, or owner?
- What if I merely want to renew my lease for my current lease space, do I need a Commercial Tenant Rep Real Estate Specialist?
- What is the difference between a Commercial Tenant Rep Real Estate Specialist, and any other commercial real estate broker?
