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I'd suggest speaking to the branch manager.

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15y ago
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Q: Can a broker keep a salesperson's commission she earned?
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Who does a real estate broker generally work for?

In most states there are 2 types of licensed agent. The first is a salesperson and the next is a broker. Sometimes there is a third, that being a managing broker or broker of record. There has to be a broker in charge of an office where agents work and that broker is over and takes responsibilty for all the agents he or she sponsors. The that broker may be the actual owner of the office and agency or may be empolyed by the owners who may or may not be licensed. That broker may be paid a salary by the owner with or without employment benefits, or may work purely for a percentage split for the income brought into the office by the other agents or any variation in between. The broker might also go out and wok as an agent himself though that is not usual in larger offices. It is also possible in most states for one person to be a broker owner by herself as a sole broker owner with no agents working for her. This has the advantages for the broker to be able to keep all the income without splitting with the office or broker as in most cases. A brokers lic. exam is contains about 70% of the salespersons exam and is quite straight forward to obtain.


How much is 1 round turn in forex?

Forex has often been touted by many brokers as "commission free" which was often technically true, but perhaps a bit deceiving. While most brokers did not charge commission such as you have in stocks and futures, there was a spread between the buy price and the ask price, and that spread is what broker got to keep. Spreads again vary from broker to broker and even from one Forex pair to another.Now there are some Forex brokers who have tightened the spreads, but add a little commission.The cost of doing a trade will vary from one Forex broker to another so you will need to do some comparison shopping. Though costs should not be the only consideration when choosing a broker.


How long does broker keep records?

in the state of Florida, a real estate broker must keep transaction records for five years. this may vary from state to state.


How long does a broker keep records?

in the state of Florida, a real estate broker must keep transaction records for five years. this may vary from state to state.


Can a real estate broker refuse to pay an agent's commission?

A short sale is a process by which a homeowner who cannot keep up with mortgage payments may avoid a foreclosure. In a short sale, the homeowner allows his lender to market and sell the home.


How long does a real estate broker keep transaction records in Texas?

Not sure but broker may keep records for a week. Improve answer ... How long does a real estate brokerneed to keep real estate transactions in Texas? The answer is three years.


How long should an insurance broker keep records in California?

You should keep the records for a minimum of 5 years.


How long does a real esate broker have to keep records in VA?

3 years


Does investing in penny stocks require using a broker?

You do not need a broker to invest in penny stocks. The problem with them is they are from small companies and it is sometimes hard to keep track of their activity.


How long does a real estate broker keep transaction records in New York?

10 years


How long do you keep loan applications in California?

Do you mean how long does a broker / Bank keep them on file after application? or do you mean how long is the application good for consideration?


How lond does a real estate broker need to keep real estate transactions in Texas?

3 yrs