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Commissions between two selling brokers are typically shared based on a pre-agreed percentage or split arrangement. This division can vary depending on the nature of the transaction, the roles each broker played, and their respective agreements. In some cases, the commission might be split equally, while in others, one broker may receive a larger portion based on their level of involvement or expertise. It's essential for both parties to clearly outline the commission-sharing terms in their agreement to avoid disputes.

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7mo ago

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How much does an insurance broker earn?

An insurance broker makes money by selling insurance to individuals or businesses.Depending on state regulations, commissions range between 2 to 8% of premiums.Broker's duty is to understand the client's requirements and provide them with the best insurance policy within budget.Salaries of brokers vary depending upon size of the company and the nature of its work.Some brokers receive performance related bonuses plus additional benefits.Brokers with commercial clients earn more than those with personal clients.


Functions of SEBI?

1.it prohibitsinsider trading 2.undertakes steps to educate investors 3.registration of brokers and sub brokers in the market 4.conducting enquiries and audits of stock exchange


Does selling mutual funds increase your personal income for tax purposes?

Yes. Mutual fund houses give out a commission of 1 or 2% of the investment value to the agents/brokers who sell their MF products. This commission would be clubbed with your income and you would have to pay tax for it. ex: If you are an agent and you convince me to buy MF of XYZ fund worth $10,000 you will probably get a commission of $200


What is the commission rate for selling a 2 million dollar home?

The commission rate for selling a 2 million home is typically around 5-6, which would amount to 100,000 to 120,000.


What is the typical commission rate for a realtor selling a 2 million dollar home?

The typical commission rate for a realtor selling a 2 million dollar home is around 5-6 of the sale price, which would amount to 100,000 to 120,000.

Related Questions

What are the release dates for Selling New York - 2010 Can Brokers Convince Their Clients to Step Outside of Their Comfort Zone 7-2?

Selling New York - 2010 Can Brokers Convince Their Clients to Step Outside of Their Comfort Zone 7-2 was released on: USA: 25 July 2013


What do highest paid insurance brokers earn?

Much of what insurance brokers earn is based on what type of insurance they are selling. Some of the large companies' (New York Life, Northwestern Mutual) top producers earn upward of $2 million dollars per year selling insurance and financial planning services.


How much does an insurance broker earn?

An insurance broker makes money by selling insurance to individuals or businesses.Depending on state regulations, commissions range between 2 to 8% of premiums.Broker's duty is to understand the client's requirements and provide them with the best insurance policy within budget.Salaries of brokers vary depending upon size of the company and the nature of its work.Some brokers receive performance related bonuses plus additional benefits.Brokers with commercial clients earn more than those with personal clients.


How much do you get paid for cellphones?

That depends on where you are selling it. If you are selling on a site like eBay, this would be hard to determine because the prices are so variable. Prices range from $10 to around $350 depending on the phone and the condition it's in. If you are selling at a physical store, it really depends on your employer. Commissions range from 2% to 75% (higher commissions are rare, though). Many people also receive a per-unit price in addition to commission.


An insurance agent received 2 655 for selling pension plan to a client worth 150 000 what percent was his commissions?

assuming there is no flat bonus plus commission structure, the straight percentage is 1.77%. (2655/150000) x 100 = 1.77


Functions of SEBI?

1.it prohibitsinsider trading 2.undertakes steps to educate investors 3.registration of brokers and sub brokers in the market 4.conducting enquiries and audits of stock exchange


What types of commissions do corporate sales jobs pay?

Corporate sales jobs pay 2 types of commission. These are straight which is based off of the percentage of sales and variable commissions pay differently upon reaching targets.


Is someday perfume selling in Thailand?

yes it is selling and i got 2 of them


What was jesus doing just before his arrest?

There at the temple in the Court of the Gentiles, Jesus discovers "those selling cattle and sheep and doves and the money brokers in their seats." Brandishing a whip made of ropes, he drives out all the animals, and the merchants certainly follow them. Jesus also pours out the coins of the money changers and overturns their tables. He orders those selling doves to take what they have and leave. (John 2:13-16)


What is 18 shared into 2?

6478487748329


Over a four week period gail earned the following commissions week 1 250.00 week 2 310.00 week 3 275.00 week 4 195.00?

Over a four-week period, Gail earned the following commissions


What is a shared characteristic?

A shared charcteristic is a feature OR CHARACTERISTIC that 2 things share or have in common. For example: A dog and cat- they both have 4 legs, this is a shared characteristic. They also have 2 eyes. hope this helps =)

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