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October 8, 2007
Another broker post/question
Has anyone ever encountered a rental broker that asks for more than 15% of the yearly rent as a commission ? Especially if the apartment is below market?
Comments
Yes - They originally wanted 18% but "Negotiated down" to 15%.
Probably want more because they know it is below market and they can get it.
Posted by: newsouthsloper at October 8, 2007 3:07 PM
You can usually negotiate a discount for cash... I was once asked for 20% but got it down to 15% for cash
Posted by: guest at October 10, 2007 11:38 AM
i was wondering how common it was.
Posted by: guest at October 10, 2007 1:12 PM
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