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Can real estate agent's commission be paid by the broker to a corporation?
Wiki User
∙ 7y ago
In most States the corporation would need to be a real estate licensee. Check with your State real estate licensing agency.
Wiki User
∙ 7y ago
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Can a real estate broker waive his commission to another person?
A real estate broker can waive a commission at will.
Is a real estate broker still entitled to a commission after an offer is rescinded?
no
What mean Broker of record in real estate?
The Broker Of Record is the Broker covering the listing or buying side in a Real Estate transaction. He/she is registered as the person responsible for the conduct of a brokerage and the agents who work for it.
Does a real estate broker still have to pay a commission to a real estate agent if they change offices before the transaction closes?
that completely depends on the agreement between the broker and the agent.
What makes a real estate broker different from a real estate agent?
Real estate broker & Real estate agent are same both of them will do the same job.Answer:Real Estate Brokers required to have more experience and education, than agents. And also a real estate agent may be a person who works under a registered broker.
Can a real estate broker waive his commission to another person?
A real estate broker can waive a commission at will.
How much is a real estate brokers and agents commission and how is it split?
RE commission is between 4% and 6% usually. The amount ( say 6%) is what is "split" between the listing broker and the agent who brings the deal to the broker.
What is a principal real estate agent?
A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for commission. Most agents work for a real estate broker or realtor.
Can a real estate brokers commission rate vary?
Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.
Does the buyer have to pay real estate commission to the broker?
Officially the seller pays the broker commission. However, ultimately it is paid by the buyer, since the commission is related to the selling price.
How much do real estate agents make on a sale?
Depends on broker
Is a real estate broker still entitled to a commission after an offer is rescinded?
no
A real estate broker sold your house for 189000 The broker's commission was 4.5 percent of the selling price How much would you get for the house after the commission is paid?
$180,495
Commission rates for real estate agents are established by?
negotiations
What mean Broker of record in real estate?
The Broker Of Record is the Broker covering the listing or buying side in a Real Estate transaction. He/she is registered as the person responsible for the conduct of a brokerage and the agents who work for it.
Does a real estate broker still have to pay a commission to a real estate agent if they change offices before the transaction closes?
that completely depends on the agreement between the broker and the agent.
How do real estate business make their money?
In some cases, real estate agents are employed by, and paid a salary by, their broker.
