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Yes a selling concession is a selling commission of sorts. The difference is that in an initial public offering the securities are initially bought by the participating brokers at a discount and then immediately resold for the full amount. This spread is called the "selling concession". Although the terms are used interchangeably, a commission is associated with a broker where a concession is associated with a dealer. The difference is wether the agent in the middle uses his own money (dealer) or someone elses money (broker).

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14y ago

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What is a concession vendor?

the person in the concession stand selling the products.


Is commission a selling or administrative expense?

If commission is paid on selling the product then it is selling expense .


Do people make much money using concession carts?

Yes, people make money using concession carts depending on where and what they are selling.


How do you set selling price if you know what you want to net after commission?

To set the selling price based on your desired net amount after commission, first determine the commission rate applicable to the sale. Next, calculate the selling price using the formula: Selling Price = Desired Net Amount / (1 - Commission Rate). This ensures that after the commission is deducted from the selling price, you will net the amount you intended. Adjust the selling price as needed to remain competitive while meeting your financial goals.


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.


If a salesperson earns 132 selling 2000.00 in sales what is the percent of commission?

The commission is 6.6%


What are some examples of commission jobs?

A realtor is a commission job, for buying or selling real estate.


What is deregulation in commission?

commission deregulation is the fees that sells person get after selling financial product to client but they dont have control over that commission


What is the meaning of concession area?

This is an area, usually in or near a recreation area, where food or refreshments of various kinds are sold. you will sometimes here the term concession stand, which refers to the physical set-up or kiosk for an individual provider of some specific item in a concession area. For example, I might sell frozen lemonade at my concession stand; you might be selling pizza at your concession stand located right next to mine.


How much commission does a realtor typically earn when selling a million dollar home?

A realtor typically earns a commission of around 5-6 when selling a million dollar home.


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

The commission rate for selling a million dollar home is typically around 5-6, which would amount to 50,000 to 60,000.


What is the commission rate for selling a million dollar house?

The commission rate for selling a million dollar house is typically around 5-6, which would amount to 50,000 to 60,000.