FAQ
Pricing.
This FAQ explains Beplace’s pricing for high-stakes commercial real estate transactions. It includes information on compensation, fee structures, pricing models, and engagement setup.
|Compensation.
How is Beplace compensated?
Beplace sets its compensation based on the nature of the transaction, utilizing both fee structures and pricing models. Depending on the engagement, fees may be structured as percentages, fixed amounts, or hybrid setups that adapt to the transaction's complexity. These fees follow either milestone-driven or success-based pricing models, ensuring alignment with the progress and/or outcomes of each deal.
​​​
For milestone-driven pricing, fees are applied at key phases—such as underwriting completion or lender commitment—ensuring payments correspond to measurable progress. In contrast, success-based pricing ties fees to achieving specific outcomes, such as securing financing or finalizing restructuring. This approach aligns Beplace’s compensation with the borrower’s objectives, reinforcing our commitment to execution rather than transactional volume.
Beplace provides transparent fee structures and pricing models upfront, with no hidden costs or unexpected charges. Our approach anticipates the full scope of tasks required, ensuring clarity and predictability for our clients.​
​​​
Is Beplace’s compensation negotiable?
Beplace’s compensation reflects the value, complexity, and timeline of each transaction. Our fee structures and pricing models are designed to be transparent and aligned with our client's needs. While our compensation is thoughtfully determined, we recognize that certain transactions may warrant flexibility.​
​
For engagements involving significant financing amounts, unique business models, or unconventional deal structures, we assess pricing on a case-by-case basis to ensure alignment with the transaction’s specific dynamics. In co-brokerage agreements, where Beplace collaborates with other brokers or agents, we offer flexible compensation arrangements that reflect shared responsibilities and outcomes. Similarly, in referral agreements, we structure compensation to align with the value and role of the referring party in the transaction.
​
Our priority is to maintain clarity, fairness, and predictability in our pricing, with room for thoughtful adjustments when warranted.
|Fee Structures.
How does Beplace structure its fees?
We structure fees as either percentages, fixed amounts, or hybrid setups.
​
Are fees different for borrower-initiated vs. attorney-initiated engagements?
Beplace structures fees based on the transaction, not the origin of the engagement.​ When legal counsel is involved, we seamlessly incorporate collaboration on legal strategies, privileged discussions, and support for litigation-driven financing needs. Our fee structures remain flexible and comprehensive, reflecting the complexities inherent in high-stakes commercial real estate transactions—regardless of who initiates the engagement.
This ensures borrowers and attorneys benefit from transparent fees and streamlined coordination, with no surprises if the transaction is resolved in its current stage or progresses/regresses into multiple stages.​
​
Does Beplace require a retainer?
Beplace may require a retainer in engagements structured under fixed or hybrid fee models, depending on the nature and complexity of the transaction. The need for a retainer is determined on a case-by-case basis, with the amount varying based on the anticipated scope, complexity, and timeline of the engagement.
​​
Retainers are generally not required for transactions structured as percentage fees regardless of the pricing model.​
|Pricing Models.
How does Beplace use milestone-driven pricing models?
Beplace uses milestone-driven pricing models where fees are linked to the successful completion of specific phases in the financing process (e.g., loan underwriting, lender engagement, and closing). This approach ensures that clients pay as progress is achieved. Our engagement agreements account for transactions that remain in one stage as well as those that progress (e.g., moving from pre-foreclosure into receivership) or regress (e.g., moving from bankruptcy into receivership) into multiple stages.​
​
Milestone-driven models ensure that fees correspond to specific phases of work, providing predictable, transparent pricing that allows borrowers and attorneys to manage budgets and expectations while fostering trust in the process—no matter how the transaction evolves.
​​
How does Beplace use success-based pricing models?
Beplace uses success-based pricing models where fees are contingent on achieving specific, pre-defined outcomes, such as securing financing, negotiating favorable loan terms, or completing restructuring. Unlike milestone-driven models, success-based fees are not tied to completing individual phases but rather to the overall achievement of a key result. If the success condition is not met, fees do not apply. Our engagement agreements account for transactions that remain in one stage as well as those that progress (e.g., moving from pre-foreclosure into receivership) or regress (e.g., moving from bankruptcy into receivership) into multiple stages.
​​​
Success-based models ensure that Beplace remains fully aligned with the borrower’s goals, offering clear, performance-driven pricing that evolves with the transaction while giving clients the peace of mind that they’re only paying for results that matter to them.​​​
|Engagement Setup.
How do fee structures adjust in milestone-driven pricing models?
In milestone-driven pricing, fees are predetermined for each stage of the engagement, ensuring clients know their potential financial commitments at every phase. If a transaction remains in its current stage, the corresponding fee structure applies. If the transaction progresses or regresses into another stage, the fee structure for that stage takes effect. Any fixed fees paid or due in previous stages remain valid for the work completed and do not overlap with the new stage’s fees.​ Each stage's fee structure and pricing model remains distinct and sequential, preventing overlap and ensuring clients are charged fairly for work performed without unexpected costs.
​​​
For example, in the loan modification or workout stage, a fixed fee might apply, offering cost certainty for straightforward negotiations. If the transaction progresses into foreclosure, a hybrid fee structure could apply, combining a fixed fee for compliance work with a percentage-based fee for securing financing. Should the transaction enter receivership or bankruptcy, a percentage-based fee could apply, reflecting the increased complexity and risk.
​​
How do fee structures adjust in success-based pricing models?
In success-based pricing, fees are predetermined for predefined outcomes and only incurred when predefined outcomes are achieved. If a transaction remains in its current stage, the corresponding fee structure applies for outcomes achieved. If the transaction progresses or regresses into another stage, the fee structure for that stage takes effect for outcomes achieved in the other stage. Any fixed fees paid or due in previous stages remain valid for the work completed and do not carry over into the new stage or overlap with the new stage’s fees.​ Each stage's fee structure and pricing model remains distinct and sequential, preventing overlap and ensuring clients are charged fairly for work performed without unexpected costs—however, in select cases, Beplace may credit previously paid fixed fees toward later stages if the transaction progresses quickly and the earlier stage required less work than anticipated, ensuring fair and flexible pricing.
​​
For example, in an urgent refinancing scenario, a percentage-based fee might apply, payable only upon successfully securing financing. If the transaction progresses into foreclosure, a hybrid fee structure could activate, with a fixed fee covering documentation and a percentage fee tied to financing outcomes. Should the transaction enter bankruptcy proceedings, a percentage-based fee reflecting the complexity and recovery efforts could apply. This structure ensures that clients are always aware of their financial commitments, fostering confidence and trust in the process.
​​
What happens if a deal doesn’t close?
If a transaction does not close, the financial obligation to Beplace depends on the fee structures and pricing models of the engagement.
Fees tied to a milestone-driven pricing model apply only to the completed phases of the process, meaning borrowers pay for the work performed up to that point. Any fixed fees already incurred remain payable and do not transfer to future stages.
If fees are tied to success-based pricing model, Beplace’s compensation is contingent on achieving predefined outcomes, meaning borrowers pay for the predefined outcomes achieved up to that point (likewise, fees do not apply for outcomes that are not met). However, any fixed or hybrid fees incurred during earlier stages remain payable for the work completed.
​​
If a transaction shifts in scope—such as moving from a workout to foreclosure or bankruptcy—previously incurred fixed fees remain valid, and the fee structure for the new stage takes effect. Beplace clients always have full transparency on potential costs at every stage, ensuring financial clarity even if circumstances change.
Additionally, Beplace proactively works with borrowers to reposition transactions when necessary, helping them pivot to alternative financing solutions rather than facing an outright failure to close.