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Agent Commission on Commercial

Discussion in 'Real Estate' started by timleeau, 4th Aug, 2012.

  1. timleeau

    timleeau New Member

    Joined:
    4th Aug, 2012
    Posts:
    3
    Location:
    Sydney, NSW
    Hi, everyone. I am a newbie.

    This might be a very silly question but I have no idea. So here it is.

    My folks own a commercial property near Sydney Metro and they are looking to sell it. They asked me what is the going agent commission for commercial property. They believe the property is worth about $3-$3.2M.

    I know the residential is about 2.5%-3.5% but I was not sure about the commercial side of it.

    Also, who usually pay for the marketing? Is the agent commission include the marketing fee?

    Thanks... :)
     
  2. Jacque

    Jacque Team InvestEd

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    16th Jun, 2005
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    1,885
    Location:
    Sydney
    Hi Tim

    Probably best to call a comm agent and ask. I know that fees are usually cheaper than resi and a fixed fee can be agreed on upfront. Marketing fees are also negotiable. What area are you selling in? I may be able to help with a recommendation for you.
     
  3. timleeau

    timleeau New Member

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    Location:
    Sydney, NSW
    Thanks. The area is in King's Cross. Would you know anyone or agent in the area?
     
  4. Jacque

    Jacque Team InvestEd

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    Location:
    Sydney
    Hi Tim

    Sorry no I can't for this area but look up some of the larger ones in the CBD such as CBRE and you'll be sure to be able to compare. Best of luck.
     
  5. timleeau

    timleeau New Member

    Joined:
    4th Aug, 2012
    Posts:
    3
    Location:
    Sydney, NSW
    Thanks for your advise.