If you manage my property for me, will you charge a real estate commission every time that the existing tenant renews the lease? This will depend on the type of negotiation we enter into to manage your property. In most of the cases we do not charge for the lease renewals, this is an added value we give to our clients.
Use of first-month rent to cover for Real Estate Commission It is customary in our market to charge a month worth of rent for the procurement of a tenant. Normally, the first month paid by the tenant is used to offset this cost. At the time of the exchange of keys for payment, move in date, we collect this first month rent as our commission for finding the tenant. We also, accrual your account for the management fee corresponding to that month, even though you will not receive the rent payment.
Real Estate Commission
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