How much charges(percentage) real estate agent on Property rental.

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Daniel
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  • Originally Posted by Danielluther
    How much charges(percentage) real estate agent on Property rental.

    Thanks
    Daniel

    Normally, its max 1 month of the rental value & minimum is based on the deal size and the terms agreed with the broker - this is for apartments.
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  • There is no rule . Brokers can demand anything .

    ..........i have been giving rentals of 1 month to 2 months to these Brokers . Demands of rental of 6 months too have been raised by some Brokers ( for Commercial & long time lease ) .

    Generally acceptable - anything from 15 days to 2 month rent as Broker commission ( depends on your negotiating skills ) .
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  • Residential Property - 1 month Rent
    .
    Commercial - No Rules
    -
    Residential Sale - 1.5 to 2 % from buyer and seller
    -
    if above 1 Crores 1% flat
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