Agent Alert! Commercial vs Residential Rental Commissions — What You Need to Know

Please attention !!!!
Sharing this information for all agent friends and colleagues.

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For Commercial Listings,
such as rental spaces, offices, showrooms, retail shops, factories, warehouses,
or any property with a minimum lease term of 3 years.

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This type of property
offers 1 month commission
for a 3-year lease.
6 years = 1.5 months commission
9 years = 2 months commission

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This is different from residential properties
like houses and condos
(Residential Listings).

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Residential commission rates are:
1-year lease = 1 month commission
2-year lease = 1.5 months commission
3-year lease = 2 months commission

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This is to avoid misunderstandings with owners or co-agents
who might mistakenly think someone is trying to take advantage.

Just a heads-up!

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P.S.
If someone says they got a Commercial commission
at the same rate as Residential,
Congratulations!!! You’re super lucky.
Be sure to treasure that owner!

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But if you encounter the rate I mentioned above,
please know that it’s the standard rate!!!
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