A broker's fee, often encountered in rental transactions, is a commission paid to a real estate broker for their services in finding a tenant for a property. This fee is typically a percentage of the annual rent and can vary depending on the market and the broker's policies.
To indicate a broker's fee on your listing, follow these steps:
- Open your listing for editing.
- Navigate to the 'Other' section.
- Check the box labeled 'Additional closing fee required from renters.'
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