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Referral fee for apartment?
Does anyone knows how much a Relocation co. is willing to pay for locating a apartment? For example, the month apartment rent is $1,600 for one year's lease; how much does a relocation company usually pays realtors finding fees?
Is it by percentages? What are some of the formulas?
2 Answers
- 1 decade agoFavorite Answer
While all fees charged to a client by any licensed real estate brokers are negotiable, "finders fees" often range from one half to a full month's rental for the unit. This fee is generally paid at the time the lease is signed. In your example, the fee might be expected to range between $800 to $1,600.
Source(s): 30 years experience operating a brokerage company as a licensed broker. - Anonymous1 decade ago
Varies. Sometimes one month rent. Sometimes flat fee.
Ask the relocation company what they pay for referrals.
