The Agreement The typical relationship between a tenant/user and their commercial broker starts and ends with a transaction. IN/House’s full range of services as described under “How We Are different” is further outlined in our Authorization to Engage Services Agreement (the "Agreement"). Under the terms of the Agreement, our clients are assured our services are ongoing and continue from one real estate cycle to the next. IN/House is always there for you.
The Agreement further establishes that IN/House is your agent and not an agent for any present or perspective landlord thus eliminating actual or perceived conflict of interests as may be the case where a listing agent represents the landlord while also implying they are negotiating “on your behalf.”
Transactions go smoother and results are more favorable to you. Issues that arise from time to time during a real estate cycle even after the transactions are completed are directed to IN/House and handled by us on your behalf in an efficient and professional manner. All landlords and their agents understand that IN/House is your contact point for any proposals or other matters related to potential transactions. Following the completion of the transaction, we continue to interface with your property manager and follow-up with property managers as issues may arise even after you begin to occupy your premises. Fees
Upon completion of a transaction, the broker representing the landlord (in a sale it is slightly different) is paid a commission which is based on a percentage of the value of the transaction. If the tenant is represented by a different broker…as should be…the listing agent pays the tenant’s broker a portion of the fee. It is a onetime payment.
Rather than a onetime payment for services rendered, IN/House’s view of that fee earned is quite different. We look at the fee as an advanced payment for services TO BE PROVIDED as well. Although the landlord pays the fee and you have no initial or additional direct out of pocket costs, it is your money that is funding the commissions.
