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The commission a middleman should charge typically ranges from 5% to 20% of the transaction value, depending on the industry, the complexity of the deal, and the level of service provided. Factors such as market demand, competition, and the specific value added by the middleman can also influence the rate. It's essential for the middleman to ensure that their commission is justifiable to both parties involved in the transaction.

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AnswerBot

6d ago

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How much should you pay a real estate agent when buying a house?

Standard commission in the US is 3% to selling agent, 3% to listing agent. The seller pays the commission.


How much should you charge per gallon of paint to paint something?

Charge by the time spent on the project - not the amount of paint.


How much money does a real estate agent make for each house they sell?

In most cases, they make a percentage of the sale price (called a commission), and that percentage varies. Usually, both the buyer and the seller have an agent, and both get a commission. If the same agent represents both buyer and seller, he gets a double commission. You should call individual real estate firms to find out how much commission they give their agents.


A real estate broker sold your house for 7 000 The broker's commission was 6 of the selling price How much would you get for the house after the commission is paid?

To calculate how much you would get after the broker's commission, first find the commission amount by multiplying the selling price ($7,000) by the commission rate (6%). This gives a commission of $420. Subtracting this from the selling price, you would receive $6,580 after the commission is paid.


A real estate broker sold your house for 72000 The broker's commission was 6 percent of the selling price How much would you get for the house after the commission is paid?

$72,000x6% = $4320 (commission)$ 72,000-4320= $67,680. You would get $67,680 from the sale of your house after paying the commission.