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Largo and Brad Larsen, owners of Larsen Properties, discuss their new leasing renewal commission policy in this video. They explain that they do not charge a leasing fee, so when a tenant leaves, they need to find a new tenant without any additional income. Now, they have implemented a $200 leasing commission that goes to the agent, but does not bring any profit to Larson Properties. This policy aims to alleviate the burden of finding new tenants for owners and ensures that the process is smoother for everyone involved.