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#237882 - 07/14/08 06:48 PM 10% referral fee question
A1fla Offline
Member

Registered: 08/09/07
Posts: 82
Loc: Florida
I have done a handful of SF rentals lately and most are advertised in the MLS as paying $300-$500 commission . My question is I came across one in the MLS that advertised 10% referral fee. 10% of the whole lease? 10% of the 12 mnth gross?, thanks in advance

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#239672 - 07/23/08 01:30 PM Re: 10% referral fee question [Re: A1fla]
Greg Phillips Offline
Mortgage Professional
Veteran Member

Registered: 01/26/05
Posts: 1311
Loc: Lancaster, Ohio
I would ask the source directly.
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#269449 - 01/15/09 01:32 PM Re: 10% referral fee question [Re: Greg Phillips]
VAInvestor Offline
Member

Registered: 01/13/09
Posts: 41
Loc: VA and NY
I don't know about SF, but in Manhattan, the typical commission paid to rental broker is 10%-15% of the whole year's lease, so it's possible that's what they mean.

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