Tag: Commissions
How much is your rental service agent being paid?
In Chicago, unlike New York and some other cities, rental services are typically paid by the property rather than by the renter. That fact might l [...]
Should renters claim the broker bonus at 73 East Lake?
Not all Chicago landlords cooperate with rental service brokers, but the ones that do typically pay a commission equal to a month's rent. Several of t [...]
How to find a discount-fee rental broker
If you've been in the market to buy or sell a home at any time in the past dozen years you've become familiar with the concept of discount-fee rea [...]
Where are the renters’ gift cards?
"Where are the customers' yachts," a visitor to a New York harbor famously asked, after seeing yachts owned by bankers and brokers.
Two days ago we [...]
How to get paid for using a rental service
Chicago's rental services a/k/a apartment locators a/k/a apartment finders advertise that they're "free" to renters since the landlords pay their [...]
MOD offers double commission to brokers
Brokers Special!!!!!! This Week Only!!!
That's the screaming headline in an email attachment offering brokers double the normal commission and [...]
Money for nothing moves agents in dire straits
One of the many dirty little secrets of the rental services business is that landlords sometimes pay more than one month's rent as a commission. T [...]
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