How it is calculated
- On rentals, commission is usually a number of months’ rent (one month or half a month, say); on sales, a percentage of the price. The figure itself is whatever the agency agrees with the client or owner.
- Total commission = what the client pays + what the owner pays, where both pay.
- The co-broker’s share is a percentage of the total, the staff share a percentage of what is left, and the rest is the office’s net.
FADx Rent does this on every lease and deal automatically
Leases, collections, arrears, owner accounts and commissions for a rental agency, in the browser and on the phone.
Explore FADx RentCommon questions
How much is a broker’s commission on a rental?
There is no fixed rate — it is what is agreed before the viewing. It is commonly counted in months of rent and varies by area, lease length and who pays.
Who pays: the owner or the tenant?
Whatever is agreed. Either or both may pay, which is why the calculator has a field for each.
How do I split it between office and staff?
Enter the co-broker’s percentage if any, then the staff percentage; the co-broker comes off the total first and the staff share is taken from the remainder.
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