Thursday 23 August 2018

WeWork now offers brokers 100% commission. You read that right.

The latest sign that competition in the co-working industry is heating up: WeWork is offering 100-percent commission to brokers who lure tenants away from its rivals. The move comes a year after WeWork offered tenants at rival coworking companies a year’s free rent if they switch. Because of that, the commission is really just 50 percent of a typical year’s rent, Bloomberg reported. But that’s still five times more than the industry average of 10 […]



source https://therealdeal.com/2018/08/23/wework-now-offers-brokers-100-commission-you-read-that-right/

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