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Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.

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What is the current Colorado real estate commission?

The current Colorado real estate commission manages the exams for real estate brokers and salespersons before giving them a real estate license. The commission also keeps brokers informed of changes in real estate laws, forms and regulations.


How much is real estate brokers commission in Ohio?

The normal real estate brokers commission is around 3 percent. Some function as both seller and buyer brokers and make 6 percent.


Who regulates residential real estate brokers?

Each state is regulated by their state's Real Estate Commission.


How much is the average real estate brokers commission in New Mexico?

The average real estate brokers commission is around 5,000 dollars per transaction. They usually earn 3 to 6 percent of a sale.


How much is real estate brokers commission on raw land in NC?

10%


Do real estate brokers make base salary and commission?

Brokers make a percentage of what they sell or what their agents (if any) sell.


Dose a real estate broker go to closing?

Most real estate brokers show up at the closing with their hand out ready for their commission check.


How do you find the commission rate?

How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.


A real estate broker sold your house for 72000 the brokers commission was 6 percent of the selling price how much would you get for the house after the commission is paid?

67680


What is the average commission percentage made by real estate agents?

Its depend upon brokers, generally a real estate agent receives 10 to 40 percent of buying or selling money.


When was National Association of Real Estate Brokers created?

National Association of Real Estate Brokers was created in 1947.


What is the commission rate for a real estate agent selling their own home?

The commission rate for a real estate agent selling their own home is typically negotiable, but it is commonly around 2-3 of the sale price.