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Broker Tenant Rep Success Fee Calculator

Tenant rep has success structure. This calculator sizes.

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Total commission

$150,000

Base commission

$120,000

Success fee

$30,000

How the math works

Base = lease value × base %. Success = savings × success %.

$3M lease × 4% = $120k base + 15% × $200k savings = $30k success = $150k total. Tenant rep earns more for bigger negotiated wins. Aligns incentives.

How to Use

  1. Enter base lease value.
  2. Enter base commission %.
  3. Enter success fee %.
  4. Enter market rent savings achieved.
  5. Read total commission.

Frequently Asked Questions

Standard structure?

Base commission paid by landlord (3-6% of lease value). Tenant typically doesn't pay separately. Success fee overlay: 10-20% of 'savings' from initial asking rent — some contracts, less common. Tenant principle: broker paid by LL, success aligned with tenant.

Override arrangement?

Corporate real estate clients: annual retainer + per-deal override. Retainer covers advisory work (portfolio strategy). Override on each deal (reduced from base commission). Alignment: retainer funds strategic work; override funds transactional.

Conflicts?

TR paid by LL creates inherent conflict. Savvy tenants: negotiate tight fiduciary obligations. Disclosure of compensation. Good brokers: transparent; track record with client > one-off commission. Long-term relationship drives repeat business.

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