Saturday, July 10, 2010

Customary commission charges to brokers for home rentals?

Hi,


I am trying to rent my house. The broker is asking for a commission of 1 month rent for each year of rental.


Should it be a flat 1 month commission instead of the 1 month per year?


Thank you for your help in this matter.Customary commission charges to brokers for home rentals?
Do a one year lease.Customary commission charges to brokers for home rentals?
You need to inquire in your area as the fees vary by location. For example, the commission in NYC is 12.5% of the annual rent.

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