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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 does broker fee mean?

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.


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.

Related Questions

What is the journal entry to record a retainer fee?

Debit retainer fee expenseCredit cash / bank


What is an annual retainer fee?

An annual retainer fee is the cost for a commitment to have services available if they become needed. The annual retainer fee typically refers to legal services. Charges for work done is in addition to the retainer.


The fee is paid to an attorney to engage their services is called?

a retainer fee


How much would a Income Tax Attorneys cost?

Income tax attorney fees vary. Some attorneys will charge a flat rate for a specific service, for example an attorney may charge a fee of 5% of your debt. However, it is more common for attorneys to charge an hourly fee on top of requiring a retainer. On average, one should expect to pay a retainer of $1000-$2000 and an hourly fee of $200-$250.


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


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 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 does broker fee mean?

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.


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.


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.


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