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How does a real estate agent gets paid?
They're paid a commission when one of their listed houses sells. If you're asking for the full logistical details, it varies, but generally their brokerage will collect the fee from the bank at the time the house is sold and then give them some portion of it depending on exactly what their agreement with the brokerage states.
Which is a non-depository financial institution?
A non-depository financial institution is an entity that does not accept deposits from customers but offers financial services and products. Examples include insurance companies, investment firms, and brokerage houses. These institutions may provide loans, investment opportunities, and financial advice, but they do not hold customer deposits like banks or credit unions do.
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 are Canadian houses like?
Just like American houses generaly.
Do banks buy houses?
No, banks do not typically buy houses. They provide loans to individuals or companies to purchase homes, but they do not directly buy the houses themselves.
What are some examples of brokerage houses?
There are many brokerage houses all over the world. A few brokerage houses include Edward Jones investments, Raymond James Morgan Keegan and Vested Business Brokers.
how can I do trade penny stock online ?
Most of the large brokerage houses do not trade in penny stocks. Some brokers that trade penny stocks are TDAmeritrade, Scottrade, and ChoiceTrade.
Where can I learn more information about stock brokerage houses?
Smart Money does surveys and lists what they believe are the top six brokerage houses. You can find out more at their site: www.smartmoney.com/.../Stocks/SmartMoney-2009-Broker-Survey/
What purpose do exchange markets serve?
Exchange markets provide organized trading facilities for stocks, bonds, and/or options. These facilities act as auction houses, where securities brokers and dealers essentially bid for securities.
What does a real estate brokerage mean?
A real estate brokerage mean they sell houses to type of people who can't afford big houses that cost to much. They feel sorry for them and give the other people who are trying to buy the house little mercy
What is E-broking?
An e-brokerage is a brokerage house that allows you to buy and sell stocks and obtain investment information from its Web site. Some e-brokerages are provided by traditional and well-established "offline" brokerage houses and a few are exclusively online only.
What is Securities Investor Protection Corporation?
Securities Investor Protection Corporation is a nonprofit organization created by US government to protect brokerage accounts against losses due to failure of brokerage houses. The maximum coverage is $500,000 per customer, with a limit of $100,000 on cash equivalents (e.g. money or money market funds). All brokers and dealers registered with the SEC are required to be members of SIPC. Losses due to regular market risks, like price fluctuations, are not covered
Where might one go online to purchase cheap houses?
Cheap houses online are not typical nor easy to find. Many homeowners post homes on sites such as Craigslist or Kijiji, but one must be wary of finding a home so cheap, as there could be problems with the home that are not mentioned.
What is a Brokerage houses?
A really excellent brokerage house is one that not only can handle your money but, make it stretch more than most. The highest ranking is E*TRADE according to most all online sources followed only by Fidelity.
Which banks and brokerage houses offer the highest money market rates?
CapitalOne Direct Banking, EverBank, AllyBank, FNBODirect are some of the banks that offer the highest money rates. ScottTrade, tradeMONSTER, OptionsHouse are some of the brokerage houses that offer competitive money market rates. Most banks offer money market rates. The rates for money markets vary by banks and can be as high as 1.5%.
What scandals rocked the securities industry in the late 1980s?
Arrests and indictments of executives from some of the largest brokerage houses in the United States shook up Wall Street.
How does a real estate agent gets paid?
They're paid a commission when one of their listed houses sells. If you're asking for the full logistical details, it varies, but generally their brokerage will collect the fee from the bank at the time the house is sold and then give them some portion of it depending on exactly what their agreement with the brokerage states.
