what’s a fair commercial real estate commission?

This is a complete generalization. Fees can be higher or lower. Just thoughts about the appropriate range:

Up to $3 million - 6%

$3-$5 million - 4% to 5%

$5 - $10 million - 3% to 4%

$10 - $20 million - 1.5% to 3%

$20 million to $40 million - .5% to 1.5%

over $40 million - .75% or lower

Fees tend to top out (with sophisticated sellers) in the $500,000 to $1 million range. That said I have heard of much larger commissions being earned.

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