COMPANY POLICIES

Commission Agreement

Jacobs Properties commission fee for sales typically range from 6 to 10 percent depending on the type of property and size of the transaction. Large multi-million dollar investment transactions are negotiable on a case-by-case basis. For leases, the commission is 6% of the total rentals received over the term of the lease. Long term leases over 15 years and up are negotiable on a case-by-case basis. Commissions are payable at closing for sales and when the lease document have been fully executed by all parties, for leases.

 

Listing Agreement

Jacobs Properties uses a standard listing agreement form approved by the Metropolitan Board of Realtors in Kansas City. Our standard term for each listing is 6 months to 1 year. For a copy of this agreement, please contact our office at 816-523-6696.

 

Agency

Jacobs Properties offers the following types of Agency in Kansas:

1. Seller/Landlord Agent only

2. Buyer/Tenant Agent only

Jacobs Properties offers the following types of Agency in Missouri

1. Seller/Landlord Agent only

2. Buyer/Tenant Agent only

3. Dual Agency

At this time, our firm does not offer Designated Agency or Transaction Brokerage.

For exact definitions of each type of Agency, contact our office and we will forward you a sheet defining each type of Agency relationship.

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