Site: nolo.com
... seller’s or lessor’s broker usually works with a second broker who represents the buyer or tenant ... Commercial real estate tenants and buyers don’t often pay for brokerage services, even when they ... Commissions are typically based on a percentage of the sale price, loan amount, the total rent amount ... For example, if a broker with a 3% fee agreement leases an office space that rents for $12,500 a month ... , and the tenant signs a 3-year lease, the broker’s commission would amount to 3% of $450,000, ...