The answer is that it depends. Traditional commission rates are 5%-6% of the sales price. That being said, once you go above $5M or so, things become negotiable and are most often a fixed amount. So if you're talking a $10M sale in nowhersville, ND, the agent will probably take home about $250k as a negotiated amount. In L.A., it could be closer to $500k since $10M + sales occur more often.
But that is just sales.
On leases, the typical commission is 5% for the first five years and 2.5% for the second five years (if the lease is that long). For example, someone I know just did a 180,000 square foot office lease for $30/SF and ten years. This is extremely rare by the way to have a deal of this size. If you take the 180k SF and multiply it by $30, you get a total rent amount of $5.4M for the first year. Assuming rents didn't increase year to year, the resulting total value of the lease is $54M. If the agent is supposed to get 5% of the total deal value for the first five years and 2.5% of the total value the second five years, their commission would be $2,025,000! Do you think that is what they got? Probably not. My guess is the negotiated total commission was in the neighborhood of $500k for each side.
Keep in mind that all these percentages and dollar amounts represent what the total commission is, not the commission that each agent gets. All of the numbers discussed are most often split in half with one half going to the broker who represented the landlord and the other half going to the broker representing the tenant.
Furthermore, when you're talking sales over $10M, a large portion of those deals are not even done on the open market. Various pension funds, private investors, REITs, etc. will buy and sell properties between themselves without agents even being involved. Those organizations have real estate departments that may include current or former agents, but they would not typically receive the same commissions that an agent would get on the open market.
Creative Loafing was an Atlanta based newspaper. It ran from 1976 to 2012 and it was closed down because of a $40 million dollar debt caused by the recession.
No, they were acquired by Citi in 2007. Prior to being acquired BISYS Group bought an institutional soft dollar brokerage firm named Boston Institutional Services. A few years later the SEC investigated BISYS for alleged soft dollar abuses. The SEC alleged that, through its soft dollar subsidiary, BISYS was kicking-back soft dollar brokerage commissions to its mutual fund advisor clients. Under Section 28(e) of the Securities Exchange Act of 1934, soft dollar commissions can only be used for very specific purposes, and apparently BISYS was in violation of Section 28(e). In 2006 BISYS paid two fines (25 million and 21.4 million) to the SEC to settle suits related to the soft dollar allegations and to the mis-statement of certain revenue on its financial reports. Key word search: CFO Magazine BISYS Settles More Charges With SEC by Steven Taub Nov. 6, 2006
chemical used for black dollar
Depending on how many products you sell a dollar store can be a great franchise, or your worst nightmare. The whole point of a dollar store is to run on the same basis as Wal- Mart does, if you can sell more you can lower your prices and sell even more. If you start a dollar store franchise in a place in need of cheap products, it is a great franchise, but far more risky then opening an LLC.
they get one dollar.
fifty thousand
Total income surpasses the million dollar mark.
A million dollar bend
Multiply the dollar amount by (1/100) of the percent commission.
You need to purchase a commercial auto insurance policy with a million dollar limits for bodily injury and property damage. A $1,000,000 limit is standard for commercial auto and shouldn't be too costly. Your insurance broker can help you get this policy. If you need additional coverage above the limits offered by your auto insurer you can obtain an umbrella policy that will extend the limits of all underlying coverage.
Million Dollar Babies was created in 1994.
Million Dollar Rooms - 2011 Million Dollar Disco 2-7 was released on: USA: June 2012
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multi-million-dollar
Million Dollar Theater was created in 1918.
The Million Dollar Putt was created in 2006.
The ISBN of The Million Dollar Putt is 9780786836413.