article thumbnail

What Is GCI (Gross Commission Income) In Real Estate?

Bay Property Management Group

Instead, they split it with their broker (the company they work for). These expenses can include broker splits, marketing costs, transaction fees, and other business-related costs. The split is based on a percentage theyve agreed upon beforehand. Lets say an agent sells a home for $450,000, and the agreed commission is 3%.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Location This is the most crucial factor when judging a possible multifamily purchase as it significantly impacts rental demand and property value.Consider the buildings proximity to amenities, public transportation, employment centers and whether there are any environmental concerns.

Property 200
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Location This is the most crucial factor when judging a possible multifamily purchase as it significantly impacts rental demand and property value.Consider the buildings proximity to amenities, public transportation, employment centers and whether there are any environmental concerns.

Property 130
article thumbnail

Investing In LA Rental Property – Location is Key

Real Property Management Choice

Transportation Improvements: Planned transportation projects can impact the appeal of the property to renters and the property’s long-term value. With a licensed real estate broker and an experienced real estate appraiser in our team, we know what works, what rents, and how to maximize the returns.