What do Co-brokering fees (if any) look like in your market?
Curious to hear what co-brokering/listing broker splitting commission with buying broker (if it exists) looks like in your market.
I don’t do any leasing, but my understanding is that it’s much more common in the leasing world than the sales world.
Product type? Percentage/split if any?
I’m in Atlanta metro focused on land and it’s a mixed bag, most of the big shops won’t pay a co-broker/buyer broker. They prefer to keep things in house and not let other brokers into the mix.
I see it more often with less desirable properties listed by smaller shops.
Highest I have ever seen was land deal that had been on the market for 2.5 years, listing broker was offering a 7% split/buyers agent commission.
99% of the time the buyer I am finding land for pays my commission.
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