Discontinued — last reported Q1 '24
Brokerage commissions and other, net — Real property
Sun Communities Brokerage commissions and other, net — Real property increased by 3.2% to $9.80M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 14.0%, from $8.60M to $9.80M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher transaction volume or improved service penetration within the real property portfolio, while a decrease may indicate lower sales activity or reduced demand for ancillary services.
Detailed definition
This metric represents the net revenue generated from brokerage commissions and ancillary services specifically associat...
Peer comparison
Comparable to transaction-based service fees or ancillary revenue streams reported by other residential REITs or property management firms.
sui_segment_brokerage_commissions_and_other_net_real_propertyHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $6.00M | $6.90M | $8.80M | $8.00M | $8.60M | $10.80M | $9.50M | $9.80M |
| QoQ Change | — | +15.0% | +27.5% | -9.1% | +7.5% | +25.6% | -12.0% | +3.2% |
| YoY Change | — | — | — | +33.3% | +24.6% | +22.7% | +18.8% | +14.0% |
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Frequently Asked Questions
- What is Sun Communities's brokerage commissions and other, net — real property?
- Sun Communities (SUI) reported brokerage commissions and other, net — real property of $9.80M in Q2 2023.
- How has Sun Communities's brokerage commissions and other, net — real property changed year-over-year?
- Sun Communities's brokerage commissions and other, net — real property increased by 14.0% year-over-year, from $8.60M to $9.80M.
- What does brokerage commissions and other, net — real property mean?
- Net income earned from brokerage and service fees related to the company's manufactured housing and RV property portfolio.