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As per my knowledge its 1 month rent. Mow it totally depend on the area where you are as law changes state to state.

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9y ago

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How do real estate agents get paid on rentals?

Real estate agents typically get paid on rentals through a commission based on a percentage of the total annual rent. This commission is usually paid by the landlord or property owner.


How do real estate agents get paid for rentals?

Real estate agents typically get paid for rentals through a commission based on a percentage of the total rent amount. This commission is usually paid by the landlord or property owner once a rental agreement is signed.


How do realtors get paid for rentals?

Realtors typically get paid for rentals through a commission that is usually a percentage of the total rent amount. This commission is paid by the landlord or property owner once a rental agreement is successfully signed.


What are real estate agents paid?

They are paid an agreed upon commission as per the listing contract between the agent and the seller. Buyers and seller are often charged administrative or processing fees to be paid to the brokerage office of their realtor. Real Estate agents are paid a percentage of the commission they collect based on whatever contract they have with the real estate brokerage that employs them.


How do realtors get paid for finding rentals?

Realtors typically get paid a commission by the landlord or property owner when they successfully find a tenant for a rental property. This commission is usually a percentage of the total rent amount for the lease term.


How much does a real estate agent make a week?

Selling real estate is a commission based profession. Real estate agents get paid when they close on homes, they do not get a regular weekly or monthly income. The amount of the commission paid at closing is negotiated by the seller and the listing agent at the time of listing the home.


What is the Standard lease commission paid by landlord for commercial space?

Generally, one month commission to be paid by the tenant. This answer may be correct for residential, but it's vastly incorrect for commercial. Commercial commissions paid to the Broker are generally paid monthly for the life of the lease, generally on a sliding scale. I'm a landlord, not a Broker and not an expert, a Commercial Broker or legal expert needs to answer this properly.


Does the buyer have to pay real estate commission to the broker?

Officially the seller pays the broker commission. However, ultimately it is paid by the buyer, since the commission is related to the selling price.


What place are employees paid on commission only?

employees are paid by commission only when they are require to meet a certain target. Like in real estate, if an employee sells the property worth of $10K, he would get say 5% of the amount as commission. Precisely, only in target oriented jobs, commission only could be paid to the employees.


A real estate broker sold your house for 189000 The broker's commission was 4.5 percent of the selling price How much would you get for the house after the commission is paid?

$180,495


A real estate broker sold your house for 72000 the brokers commission was 6 percent of the selling price how much would you get for the house after the commission is paid?

67680


Can real estate agent's commission be paid by the broker to a corporation?

In most States the corporation would need to be a real estate licensee. Check with your State real estate licensing agency.