I am a realtor. I have a client that is looking for a lease purchase or rent-to-own. This is my first time coming across this type of deal. How is the commission usually structured for this type of deal?
2006-12-02 09:45:08 · 2 answers · asked by livinlyfe21 2 in Business & Finance ➔ Renting & Real Estate
There is always money collected up front on a lease purchase. This money is to pay for expenses of the sale. Yes, you get your full, negotiated, commission upon the closing of the option.
In this business, it gets really hard to make ends meet with no income lol...Good Luck!
2006-12-02 23:43:30 · answer #1 · answered by Barbara 5 · 0⤊ 0⤋
I would think that you would receive a percentage of any money paid and if the deal goes through a commission on the sale. I would say a fee of 6-10% of the monthly rental fee, then 6-7% of the sales price if it is a residential property. I believe most commercial property people receive about a 10% commission on the sales price.
2006-12-02 10:12:49 · answer #2 · answered by Flyby 6 · 0⤊ 1⤋