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There is no standard fee in the US. Fees vary by location and state and are always negotiable. In some markets, with a lot of vacancy, the broker is paid by the landlord for bringing him a tenant. In markets with low occupancy, the broker may charge the tenant a fee for finding him an apartment/house. real estate brokers are barred by antitrust laws from setting fees in a uniform manner.
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What is the average fee charged by a real estate broker on a lease?
It depend on the quality of the house person buying
How to lease a retail store?
The breadth of the answer required to address such a broad question is enormous. If you are this "green" your best bet is to hire a commercial real estate broker (you won't pay their fee, the lessor will)....they can walk you through the process. They are NOT a substitute for a good commercial real estate attorney...a must to protect your interests at lease
What are flat fee MLS listings?
Flat fee MLS listings are real estate sales where the broker receives a flat fee for the sale of the house instead of getting a percentage of the sale. It is a service offered by a number of real estate companies.
Do Lenders pay a referral fee to a Real Estate Broker for referrals?
No, lenders are not permitted to pay referral fees to real estate brokers. It would be a violation of RESPA.
What is a typical commercial real estate broker's fee on a 3 million property sale?
Can be as low as 1.5% or as high as 7%.
How do you sell your own home?
Advertise it on different FSBO sites. you can pay an online real estate broker a small fee to list the property on the MLS. I've done this.
What is Synonym for real estate?
realty; real property; land; fee simple estate
What type of real estate ownership is the most all-inclusive?
Ownership in fee simple is the highest form of real property ownership.
What is the highest estate of absolute right in real estate is called?
Fee Simple
What percentage of a real estate agent's commission typically goes to the broker?
the commission belongs to the broker not the agent; question should read "WHAT PERCENTAGE OF THE BROKERS COMMISSION GOES TO THE AGENT" It varies from brokerage to brokerage, depends upon the broker -agent contract, could be 50% or less or could be a flat fee.
Who is the person who joins borrower and lender for a real estate loan thereby earning a placement fee?
Typically if it's not an in-house agent of the lender, it's either a mortgage banker or a mortgage broker.
How much does the average real estate lawyer cost?
Most real estate lawyer fees range from $500 to $1500 for the average home. This fee varies according to location as well. Check with a few real estate attorneys in your area before deciding. Use a reputable agent referred to you by someone you trust. Ask a broker, banker, accountant, or insurance agent what they know about local providers and the usual costs for services.
