If I help a landlord find someone to rent his available house, how much of a finders fee would be appropriate? Thanks.
2006-10-13 11:04:50 · 10 answers · asked by busboy 2 in Business & Finance ➔ Renting & Real Estate
You best check your real estate laws some states do not allow someone to accept a finders fee if they are a non real estate licensee on a real estate related transaction.
2006-10-13 11:34:14 · answer #1 · answered by newmexicorealestateforms 6 · 0⤊ 0⤋
Rental Finders Fee
2016-12-18 07:00:15 · answer #2 · answered by ? 4 · 0⤊ 0⤋
That is a totally negotiable fee.
The going rate commercially is 4% of the total lease to the finding agent. If it is a lease you would multiply the amount of the rent each month by the amount of months the tennant has committed to (ie:$1000 mo X 12 months = $12000 x 4% = $480). On a month to month rental...there's no template. There is no long term committment and the value is far less. Not sure how this applies to residential properties.
2006-10-13 11:13:47 · answer #3 · answered by Anonymous · 0⤊ 0⤋
We have always worked on a 10% finders fee when referring customers to other vendors
2006-10-13 11:13:44 · answer #4 · answered by GrimmyBear 4 · 0⤊ 0⤋
It would be nice but only if the Federal government has a legal agreement with all the countries in the world. Since it does not exist and virtually all illegal immigrants are poor, it would be very difficult to implement. I would definitely say yes if it could be done. As for Mexico, it does not care or respect US sovereignty - as if the United States does not exist and only the rights of Mexicans entering the United States illegally are important.
2016-03-17 04:41:02 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Yes, totally negotiable. Like how hard of a time is the landlord having finding a tenant?
2006-10-13 13:30:36 · answer #6 · answered by Anonymous · 0⤊ 0⤋
10% of the monthly rent
2006-10-13 11:12:40 · answer #7 · answered by Anonymous · 0⤊ 0⤋
generally, its 10% of the profit, or a set fee depending upon the amount.
2006-10-13 15:40:58 · answer #8 · answered by shaa_right 1 · 0⤊ 0⤋
10% or the first month's rent is pretty normal.
2006-10-13 11:09:02 · answer #9 · answered by The Advocate 4 · 0⤊ 0⤋
25% of first months rent ....
2006-10-13 11:08:48 · answer #10 · answered by chuckles 2 · 0⤊ 1⤋