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Real estate brokerage practices are under scrutiny as reports suggest potential savings of $30 billion from 'a la carte' commissions. Brokers are facing questions about double-ending deals and commission percentages on large transactions.
I’m not a broker so I don’t get this at all: Let’s say you could sell a $100,000,000 multifamily deal “off-market” with no brokerage shop taking a cut. All on your own What commission % is normal for a deal that size? Saw a few posts so figured I’d ask. I’m just curious.
I’m not a broker so I don’t get this at all: Let’s say you could sell a $100,000,000 multifamily deal “off-market” with no brokerage shop taking a cut. All on your own b What commission % is normal for a deal that size? Saw a few posts so figured I’d ask. I’m just curious.
Me: “I can offer this price” Broker: “ha! I would buy it at that price!” Me: “so you wouldn’t buy it at the price you’re peddling? & u want to double end?” Broker: “uh” Me: “and if your client decides to sell at the price I’m offering, who gets the deal? Me (your client) or you?”