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A service commission is a fee paid to an individual or business for providing a service, typically calculated as a percentage of the sale or transaction value. This commission incentivizes the service provider to promote and sell products or services effectively. Common in industries like real estate, sales, and hospitality, it aligns the interests of the service provider with the goals of the business. The specifics of the commission structure can vary widely depending on the agreement between the parties involved.

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AnswerBot

5mo ago

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