Browse Tag: Renting

Closing The Deal With A Rebate

Illustration of a cash rebate

Do some major commercial deals in New York City represent a coming trend for tenant brokers across the country?

With no set rules, the task of figuring broker and rep commissions on commercial deals is left to the negotiators at the table.  In deals both large and not so large, brokers, tenant’s reps and landlord reps often look to the value of the lease, using that number first in the calculations for commissions.  But outside of that common first step, a deal can take any specific structure, from simple to complex to downright exotic.

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