David Barr (Berkshire Hathaway HomeServices Florida Realty)

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Rainer
69,084
Christine Gerbehy
Berkshire Hathaway Home Services Fox and Roach Northfield - Egg Harbor Township, NJ
Making waves, one home at a time...

Agreed with Gabe Sanders .  The contract would be for both.  You don't get paid on sale till the title changes, so you are also placing the rental.

Oct 06, 2015 05:36 AM
Rainmaker
6,553,924
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Compensation is based on what is offered. There are all sorts of arrangements.

Oct 06, 2015 01:55 AM
Rainmaker
1,149,509
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Most is courtesy meaning the agent who showed the home, gets no compensation.  The ones pay 2.5-3% are often over charged rent. Only realtors understand how realtors work hard will compensate buyer agent $100-$500 ish.

I had one renter who owned 4 other homes wanted the listing agent pay him 1 month of compensation. 

Oct 06, 2015 01:33 AM
Rainmaker
4,003,319
Richard Weeks
Dallas, TX
REALTOR®, Broker

I always thought 50% of 1 months rent.  In our market I see anywhere from 25%-50% of one months rent.

Oct 06, 2015 01:25 AM
Rainmaker
2,707,268
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Those terms are all negotiated and written into the contract.  There are a lot of variables to take into consideration and that is why an attorney is usually recommended, unless your state has promulgated forms for lease purchase offers.

Oct 08, 2015 11:25 AM
Rainmaker
1,157,485
FN LN
Toronto, ON

It depends upon the terms in one or more of the Buyers Representation Agreement, Buyers Customer Service Agreement, the MLS co-operative fee offered, and/or other agreements etc.

Oct 06, 2015 05:37 PM
Rainmaker
1,716,606
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

As with any commission, it is always negotiable.  When I was an active agent, I did a number of lease/purchases.  Generally, there was a non-refundable option payment (like a downpayment).  I took a portion of that, depending on the total dollar value of the sale and other factors. The balance was due at closing.  You must take an upfront fee on the option money because many (most) lease/purchases never close.  I never wanted to mess with collecting money on the monthly lease payment.

Oct 06, 2015 11:48 AM
Rainer
230,924
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

lease is a tad diff than lease purchase. we see 1/2 month to one full month. on a lease purchase, 1/2 month and then if sold appx 2% at transfer time

Oct 06, 2015 07:08 AM
Rainmaker
640,823
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Santa Clarita & Aliso Viejo

It's all about the contract.  The terms should include what happens should your client buys the home and it must have an expiration date.  The terms will be enforceable including the commission if all parties sign the agreement.

Oct 06, 2015 04:59 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

You should be compensated for the terms of the lease as agreed to with the listing agent.  Then, you should also be compensated for the sale based on what the listing agent and you work out prior to the lease-purchase agreement.

Oct 06, 2015 04:39 AM
Rainmaker
1,457,227
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

David Barr From my experience you get compensated when the property closes. You may want to ask for compensation on the lease. You probably won't get it, but it won't hurt to ask. Ask that the fee to be taken off of the sales price compensation. You never know until you ask.

Oct 06, 2015 03:02 AM
Rainer
215,563
Sharon Altier, SFR
Lawton Realty Group, Inc. - Elmhurst, IL
Your Real Estate Partner

Depends upon how the lease is drawn up and any agreement between brokerage firms. 

Oct 06, 2015 02:53 AM
Rainmaker
212,655
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

From the seller most likely as others have said minimal 100-800 be my guess. For a lease purchase I have negotiated it beofore that the buyers paid me 2% commission of the final purchase price.

Oct 06, 2015 02:27 AM
Rainmaker
846,420
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Whatever is showing in MLS. It can be a % or a flat fee. Normal here is 25-35% of first months rent amount, or it could be $500.00 on a $2000.00 months rental for lease, and terms on the purchase can be included in lease. Many times the person leasing never follows through with purchase.

Oct 06, 2015 02:20 AM
Rainmaker
394,524
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

I most often see 2.5-3.0% of the first year's rent.

I also see 25-35% of the first month's rent.

Occasionally, I see $50.00-$100.00, which the listing office calls a referral fee. 

Oct 06, 2015 02:14 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Minimally - I've seen as low as $100 in the MLS offered as co-broke.

Oct 06, 2015 01:36 AM