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Most real estate brokers show up at the closing with their hand out ready for their commission check.

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15y ago

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What are some different real estate job titles?

There are many real estate job titles. Among them are Broker, Agent, Associate Broker, Closing Agent, Loan Processor, Inspector, Loan Underwriter, and Load Documents Closer.


Can a real estate broker waive his commission to another person?

A real estate broker can waive a commission at will.


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When does real estate agent earn commission?

The real estate agent earns the commission for selling a home or for representing a buyer who has a completed the purchase and sales agreement and ultimate closing on a piece of real property. The commission is paid to the broker of record at the closing, or settlement in some states, has occurred.


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.


How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.


Can A Texas Real Estate Broker take a Net Listing?

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Can a real estate broker give a percentage of his commission at closing to a non real estate license?

The answer to this depends on the state in which you live. Often times a broker will give a small percentage of commissions to an assistant for duties performed and that is fine. But in some states a license is required to received an money associated with a commission.


Would you capitalize 'real estate broker'?

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What does an estate broker do?

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