Is brokerage in Bangalore flats recoverable?
I found a flat through brokers in Bellandur. I paid a brokerage of 21k. When I leave, will I be able to recover this amount from the next tenant?
These rules generally vary from city to city. In NCR the brokerage was usually not recoverable. Want to know what it’s like in Bangalore.
Talking product sense with Ridhi
9 min AI interview5 questions
The brokers don't pay you back. But while you are leaving, you can find someone, then recover your brokerage from them.
You can take brokerage from other person, if you are able to get a new tenant. I have seen people do it. Like 50% of what they paid
Lol, no man why do you think so, unless you are being the broker for the next tenant
Who returns brokerage da! You'll be lucky if you get your deposit back.
Brokerage is something you will be paying for saving your time and efforts by brokers for house hunting with an abundance of options in front of you, it's one time payment, there will be no concept of refund unless the flat is haunting or some other extreme cases