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A broker fee is a charge paid to a broker for their services in facilitating a transaction, such as real estate, investments, or loans. This fee compensates the broker for their expertise, time, and resources in connecting buyers and sellers or negotiating deals. Broker fees can vary widely depending on the industry, the complexity of the transaction, and the specific agreement between the broker and the client. It's important for clients to understand these fees upfront to avoid unexpected costs.
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What does "broker exclusive" mean in terms of a rental agreement, and does it typically involve a broker fee?
"Broker exclusive" in a rental agreement means that only the broker who showed you the property can help you secure the rental. This usually involves a broker fee, which is a payment for their services in finding and securing the rental for you.
What if your broker is requiring a retainer fee?
Lose them............fast.
Who pays a oil broker his fee?
An oil broker typically receives their fee from the party that they represent in a transaction, which can be either the buyer or the seller of the oil. The fee structure may vary based on the agreement between the broker and their client, and it can be a flat rate or a percentage of the transaction value. In some cases, the fee might be split between both parties involved in the deal.
What would be the total cost of a stock if you bought 680.00 worth of stock and paid your broker 10?
If you bought $680.00 worth of stock and paid your broker a fee of $10, the total cost would be the sum of the stock purchase and the broker fee. Therefore, the total cost would be $680.00 + $10.00, which equals $690.00.
What is an origination fee?
An origination fee is a payment associated with the establishment of a new loan. This fee is paid to the bank (or perhaps the broker) that provides the loan or services associated with taking out a loan.
What does "broker exclusive" mean in terms of a rental agreement, and does it typically involve a broker fee?
"Broker exclusive" in a rental agreement means that only the broker who showed you the property can help you secure the rental. This usually involves a broker fee, which is a payment for their services in finding and securing the rental for you.
Is it common for a commercial insurance agent to charge their client an agency commission fee and also a service fee?
Yes if they are a broker. You will always see a broker fee from your agent and they a fee from the insurance company
Is it legal to collect a finders fee from a mortgage broker?
Yes, you can collect a finders fee from a mortgage broker. Gifts and money are exchanged in this situation all the time.
What if your broker is requiring a retainer fee?
Lose them............fast.
What are some fees associated with Canadian bonds?
The biggest and most common fee associated with Canadian bonds is a broker fee. This is a fee payed to the broker who manages the money. Buying bonds on your own usually has no fees.
Is it legal to charge a broker's fee and collect commission?
Brokers man charge a broker fee and collect commission but they must have you sign a disclosure that they are making money both ways. It isn't uncommon to be charged a broker fee if your total annual premiums are below $5,000 or if your broker is providing additional services like risk management, safety, 50+ certs, etc.
How can you become a sub broker of mcxindia?
1: Broker Association: Get associated with a broker, with some security deposit (refundable)2: Registration: Get Registered with MCX exchange thru any broker. Regis fee NILFor more assistance sent me your details on faiyaz.ansar@rediffmail.comYou will get complete assitance in min fee(for human welfare)RegardsFaiyaz
What is an origination fee?
An origination fee is a payment associated with the establishment of a new loan. This fee is paid to the bank (or perhaps the broker) that provides the loan or services associated with taking out a loan.
What is originating fee?
An origination fee is a payment associated with the establishment of a new loan. This fee is paid to the bank (or perhaps the broker) that provides the loan or services associated with taking out a loan.
How do you be sub broker in BSE?
1: Broker Association: Get associated with a broker, with some security deposit (refundable) 2: SEBI Registration: Get Registered with sebi in BSE exchange thru any broker, BSE fee 12206/- 3:Clear BSE cah Examination For more & assistance sent me your details on faiyaz.ansar@rediffmail.com You will get complete assitance in min fee(for human welfare)
How do you obtain a pawn shop broker license in?
go to the county courthouse and pay the fee
What is the fee to a real estate broker on a lease?
There is no standard fee in the US. Fees vary by location and state and are always negotiable. In some markets, with a lot of vacancy, the broker is paid by the landlord for bringing him a tenant. In markets with low occupancy, the broker may charge the tenant a fee for finding him an apartment/house. Real estate brokers are barred by antitrust laws from setting fees in a uniform manner.
