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bella28
LIF Zygote
Member since 11/08 8 total posts
Name:
bel
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??? Regarding Renting
Who pays for the comission the owner of the property or the person renting????
I thought the owner but not sure?
TIA
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Posted 12/1/08 11:45 AM  |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: ??? Regarding Renting
Rental commissions are typically paid by the renter/tenant.
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| Posted 12/1/08 11:55 AM |
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bella28
LIF Zygote
Member since 11/08 8 total posts
Name:
bel
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Re: ??? Regarding Renting
Okay and is it usually one months rent? and does it go to my RE agent or to both?
Thanks
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| Posted 12/1/08 11:56 AM |
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SummerMom
Now a mom of 2!
Member since 6/07 4970 total posts
Name:
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Re: ??? Regarding Renting
It's typically one month's rent, but sometimes 10% of the year's total rent (they tend to do this in NYC).
The commission goes to the RE agent(s). When we found our apt., it was on MLSLI and our agent split the commission with the landlord's RE agent. We wrote 2 checks, each for half of one month's rent.
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| Posted 12/1/08 12:19 PM |
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Megs4
LIF Adult
Member since 11/08 1619 total posts
Name:
Megan
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Re: ??? Regarding Renting
In my experience the renter/tenant paid one month's rent to the realtor as a fee.
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| Posted 12/1/08 12:32 PM |
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