How much commission do agents charge, and who pays?
The commission payable on leasing deals varies by the type of property and the length of the lease terms. For a short term residential lease the commission would be equivalent to 1 month’s rent, or less. Longer terms can attract commission of up to 2 months rent.
Occuaptional commercial leases will attract commission of between 1 and 2 months gross rent (rent + service charge).
Commissions are typically paid by the Landlord, unless the Tenant has specifically hired the agent to act as their representative.