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Steps to a tough stance in commercial sale Richard Montgomery | For USA TODAY NETWORK-Wisconsin Reader Question: A real estate agent approached us with a commercial client who would like to buy our property. The agent wants to list our property to get the process started. Why would we need to list the property if she has the buyer? And what should we pay for commissions on this type of transaction? I wouldn’t expect to pay the typical fee since the property was not for sale. Monty’s Answer: The listing agreement the agent is seeking is an employment contract. This agreement is between you and the agent’s broker. The law dictates a real estate agent must have written consent. The commission is a negotiation. Some brokers do not allow the agent to negotiate, while some brokers give the agents some flexibility on the fees. There is no typical fee in commercial real estate. There are several options for approaching the situation you have described.
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