Commission Terms
Strategic Partnerships
As proud members of the Bangalore Realtors Association of India (BRAI) and the National Association of Realtors India (NARI), we adhere to the highest standards of professionalism and ethics in the industry. Our affiliations underscore our commitment to excellence and integrity in every transaction.
Merchant Realtors, an esteemed member of the Bangalore Realtors Association, stands committed to honoring the Brokerage Terms outlined by the association.
SALE TRANSACTIONS
| TRANSACTIONS | BROKERAGE |
|---|---|
Within BBMP limits (Residential and Commercial) |
Seller 2%, Buyer 1% |
Outside BBMP limits |
Seller 3%, Buyer 1% |
Industrial land/building and agricultural land |
Seller 4%, Buyer 2% |
Joint Development |
We levy a 2% commission from the developer/owner based on their respective super built-up share. |
Goodwill/Pagadi |
Our commission structure includes 2% and one month’s rent from each side. |
Rental Transactions
| TRANSACTIONS | BROKERAGE |
|---|---|
Residential, Commercial, Industrial |
We charge 1 month rent from both lessor and lessee. |
On rental |
1 month rental from both parties |
On renewal of tenure |
15 days rent each from the lesser and lessee or the approaching party. |
Temporary Rental Accommodation
| TRANSACTIONS | BROKERAGE |
|---|---|
Up to 3 months |
1/4 month’s rent each from lessor and lessee |
Up to 6 months |
1/2 month’s rent each from lessor and lessee |
Any tenure beyond 6 months |
1 month rent each from lessor and lessee |
Rental deposit exceeding 15 months |
2% of the deposit from lessor and lessee. |