General Services Administration and Real Estate Brokers' Commissions
B-302811: Jul 12, 2004
- Full Report:
We are of the view that the broker services that GSA will acquire under the National Brokers Contract are services that brokers commonly offer in commercial leasing transactions. We found that for commercial leases, while it is common practice for the parties to negotiate the particular mix of services the broker will provide, the services that GSA will acquire are among those services that brokers commonly offer. We also found that while brokers may negotiate the method and amount of payment, which could be through a commission or fee, the services that GSA will acquire under the National Brokers Contract are commonly covered by landlords' commissions.