Tenant rep broker fees: who pays and how much
The landlord usually writes the check, but the commission is built into your rent. Here is how it is calculated and what to put in writing.
New Club Cocoon
Author
Contributing broker
12+ years experience
Omar has represented tenants in office and industrial deals for twelve years, mostly businesses with fewer than fifty staff. He writes about the parts of a deal brokers rarely explain to the people paying the rent: how commissions are calculated and split, how incentives like free rent and fit-out allowances get traded against each other, what landlords will and will not move on, and when a tenant is honestly better off without a broker at all. His columns for New Club Cocoon lean on worked numbers rather than adjectives.
The landlord usually writes the check, but the commission is built into your rent. Here is how it is calculated and what to put in writing.
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