Real estate rental commission

by wisconsinjuan @, Wednesday, January 23, 2019, 22:00 (2851 days ago)

What would be the range of commission paid by a condo owner to a rental agent? Three months of winter season at a high end location in Ixtapa.

Real estate rental commission

by midalake @, Thursday, January 24, 2019, 00:05 (2851 days ago) @ wisconsinjuan

What would be the range of commission paid by a condo owner to a rental agent? Three months of winter season at a high end location in Ixtapa.

If this is a true rental agent that brings the client, usually 10%...ish. But there are variables.

D

Real estate rental commission

by wisconsinjuan @, Thursday, January 24, 2019, 07:41 (2850 days ago) @ midalake

It is a full time agent who brought the client.Straightforward deal. What are the variables?

Real estate rental commission

by Gringo Viejo @, Kansas/Zihuatanejo, Thursday, January 24, 2019, 07:57 (2850 days ago) @ wisconsinjuan

Do mean just a straight rental contract commission, a one time thing?

Or are you looking for a rental contract and follow on management, i.e., a complete hands off rental and management?

Real estate rental commission

by midalake @, Thursday, January 24, 2019, 08:10 (2850 days ago) @ wisconsinjuan

It is a full time agent who brought the client.Straightforward deal. What are the variables?

Did the owner get their price or was there a discount needed?

Who is servicing the tenant for the duration, owner/agent?

Who is holding the damage deposit?

Just a few.......

D

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Real estate rental commission

by timixtapa ⌂ @, Ixtapa, México, Thursday, January 24, 2019, 08:21 (2850 days ago) @ wisconsinjuan

On daily, weekly, monthly or seasonal rentals 15% is the industry average in Zihuatanejo Ixtapa market

The property owner pays the rental commission to the rental agent. Or, the rental agent receives the rental payments and deducts the commission before paying the property owner.

It is not accepted common practice that a rental agent would charge the client a rental commission.

--
Tim Sullivan

Real estate rental commission

by wisconsinjuan @, Thursday, January 24, 2019, 12:18 (2850 days ago) @ timixtapa

Thank you all for your replies-very helpful.