Profile picture for RobynSaling

Rental Commission?

If we back out of a lease that we signed for a rental (within the grace period), do we get the commission back that we paid the rental agent?
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January 24 - New York
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Answers (4)

Im taking another tack here as it would apply to my market at least (not sure how they may do things in other states)...

Typically the commission is paid to the agent from the landlord and the contract is between the landlord  and the agent (not YOU at all).

Therefor, if you did not move into the property and begin your tenancy (barring circumstances I'm unable to see and a contact/lease agreement with the landlord im unable to see)... You should get all your deposit returned and the broker will not be getting paid by the landlord either. It might take a little time (week or so) because the broker will need to have a check cut for the return of that deposit/commission check. My company would not have paid me until such a time as you took position, but that not withstanding... even If they did, that money would have to be returned to you.

Hope that helps, sorry it did not work out, Best Wishes!
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February 20
You have a better chance with the bigger brokerage companies such as Douglas Elliman, Corcoran, Citi Habitats as they have to abide by REBNY rules.  Also the managers at big companies would make sure the commission is returned as it is obviously unethical to keep that money.    Is it a small firm or large real estate company?
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February 20
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we didn't sign anything with the agent - only the managing company of the building.
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January 24
Profile picture for wetdawgs
You need to look at the details in the contract between you and the rental agent.  Only the contract will be able to tell you for sure.  
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January 24
 
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