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  2. Porter's wages - Wikipedia

    en.wikipedia.org/wiki/Porter's_wages

    Porter's wages is an accounting method used in commercial real estate to calculate inflation of certain recoverable expenses.. The term "porters" normally refers to people who carry objects, like bellhops in hotels, but for historical reasons in the United States it also came to cover the cleaning and maintenance staff as they were represented by the same unions.

  3. Union dues - Wikipedia

    en.wikipedia.org/wiki/Union_dues

    Many union members pay union dues out of their wages, although some unions collect dues separately from the paycheck. Union dues may be used to support a wide variety of programs or activities, including negotiating contracts; paying the salaries and benefits of union leaders and staff; union governance; legal representation; legislative lobbying (Members Dues money paid are never used for ...

  4. Are Union Dues Tax Deductible? - AOL

    www.aol.com/union-dues-tax-deductible-160902688.html

    Union dues are payments members make to a labor union to support its operations. Union dues are generally 1 to 2% of an employee’s salary, but this amount could change depending on the industry ...

  5. Common area maintenance charges - Wikipedia

    en.wikipedia.org/wiki/Common_area_maintenance...

    A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square ...

  6. How do real estate agent fees and commissions work? - AOL

    www.aol.com/finance/real-estate-agent-fees...

    Here, we’ll take an in-depth look at how real estate agent fees work and what you get for the money. ... But on a $1M sale, a commission at the same rate would come to $50,000.

  7. Capitalization rate - Wikipedia

    en.wikipedia.org/wiki/Capitalization_rate

    Capitalization rate (or "cap rate") is a real estate valuation measure used to compare different real estate investments. Although there are many variations, the cap rate is generally calculated as the ratio between the annual rental income produced by a real estate asset to its current market value. Most variations depend on the definition of ...

  8. Real estate economics - Wikipedia

    en.wikipedia.org/wiki/Real_estate_economics

    The effect of real estate market adjustments tend to be mitigated by the relatively large stock of existing buildings. Heterogeneity. Every unit of real estate is unique in terms of its location, the building, and its financing. This makes pricing difficult, increases search costs, creates information asymmetry, and greatly restricts ...

  9. Net effective rent - Wikipedia

    en.wikipedia.org/wiki/Net_effective_rent

    Net Effective Rent, sometimes Net Effective Rate, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate. It is the net present value of all the rental payments over the period of the lease, as well as any abatements or incentives that might add to or lower these payments. An example of a ...