Open listings for Commercial Property

Hi guys, I was hoping you can give me your opinion on how best to lease commercial property.

1. Do you prefer to have your managing agent lease your property on an exclusive listing basis, or do you have multiple agents trying to lease on an open agreement where they only get paid if it is their client that leases it? Or do you lease the property yourself without an agent?

2. How much leasing fee do you usually pay- 10% of average annual rent +gst, 1 months rent + gst, or something else?

3. If there was an independent service to make it easier to have multiple reputable agents recommending your property to tenants on a open listing basis without you having to research & appoint each agent, would you want to use it? Or if not what would your main concerns about such a service be?

Sorry for asking so many questions at once, thanks in advance for any responses!

 

Actually this should probably be in the property management section sorry - Going to move it. (But not sure how to delete this one!)