In most cases, a commercial real estate broker is paid a commission by the seller or lessor of a property. Commission is paid at the close of a deal or when determined by the parties and agreed to in the closing documents. When approaching a real estate venture, be sure to discuss brokerage costs at the early stages of your relationship as those numbers vary based on type, size, terms, etc. Brokers are integral in making your real estate transactions clearer and easier to navigate. Feel free to give our office a call (734-663-0501) and ask a broker about how brokerage service costs play into your future real estate needs. – Bart Wise, President & CEO
