percentage of money you get from a sale.
The commission rate is the commission earned by the agent or broker who places the policy wit the company.
Commission divided by sale = rate of commission.For example:Last week Don Felt made a commission of $325.80 on $2715 sales. Find his rate of commission.S325.80/2715=12%
Commission: $374.00
Commission rate
How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.
You multiply the commission rate (the percentage, divided by 100), by the amount for which you are supposed to get commission.
15000 x 45 % = 6,750
66
No-one cares
A realtor's commission rate is always negotiable. The standard/usual rate is 3% for the buyer's agent and 3% for the seller's agent. The seller always pays the realtor's commission, unless otherwise negotiated in the sales contract of the home.
5.50 an hour with a 1% commission rate
Commision (C) = Total Sales (TS) X Rate Of Commission (RC)