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Can a real estate broker waive his commission to another person?
A real estate broker can waive a commission at will.
What is net listing in real estate?
A net listing is an agreement between the seller of a home and the broker entrusted by the seller to find a buyer. In most listing agreements, the broker is entitled to a percentage of the selling price as his commission.
How do you obtain a pawn shop broker license in KY?
How do you obtain a pawn shop broker license inRead more: How_do_you_obtain_a_pawn_shop_broker_license_inky
Is a real estate broker still entitled to a commission after an offer is rescinded?
no
Who is a sub broker?
A sub broker is intemediatery channel of Broker who serves the services of its broker to clients and gets some commission. Sub broker of stock market, commodity market currency ,IPO M.F , Insurance ,real estate etc
What percentage of a real estate agent's commission typically goes to the broker?
the commission belongs to the broker not the agent; question should read "WHAT PERCENTAGE OF THE BROKERS COMMISSION GOES TO THE AGENT" It varies from brokerage to brokerage, depends upon the broker -agent contract, could be 50% or less or could be a flat fee.
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.
When does real estate agent earn commission?
The real estate agent earns the commission for selling a home or for representing a buyer who has a completed the purchase and sales agreement and ultimate closing on a piece of real property. The commission is paid to the broker of record at the closing, or settlement in some states, has occurred.
What does broker's commission mean?
The brokers commission means that if he finds a house for you costing say, 50,00000 rupees value. Then he will charge a 2percent of the whole amount as his commission.
Can a real estate broker waive his commission to another person?
A real estate broker can waive a commission at will.
Can you get an auto broker license online?
Yes, you can get a auto broker license online by first getting a Auto Dealer license because you need that to get to the auto broker license. You can take tests then buy auto broker license online.
What is Someone who is licensed to trade securities on behalf of investors called?
Either a broker (Series 6 or 7 license) or an advisor (series 65 license). A broker receives a commission for each purchase and or each sale, and an advisor receives a fee on asset under management.
Is it difficult to get a Georgia auto broker license?
as I can do to get auto broker license in the state of Georgia
Can I get my broker license online?
You can get your broker's license online today. It will depend on what kind of broker work you are looking to do, but there are certain licenses you can get online.
How do you get a car dealer and broker license in new york?
How do you get a car dealer and broker license in pa?
What is difference between a fee and commission?
A commission is compensation received by a broker or insurance agent paid by the insurance company and is a percentage of the insurance premium, or a percentage of a portion of the insurance premium. A fee, on the other hand, is a fixed dollar amount (not a set percent of the premium) and can be paid either by the party buying the insurance or by the insurance carrier. Often, clients with large premiums, or complex risks negotiate with their broker to provide services, including the placement of insurance for a flat fee. The insurance is than placed "net of" or without commission. Many people feel that this is a more transparent method of broker compensation and eliminates broker bias to higher premiums or carriers which pay a higher commission. In certain circumstances, both a fee and a commission are charged. This usually occurs when the broker is providing services which are not property compensated by the commission in the policy. When a fee is charged in addition to a commission, it should be disclosed who the fee is being paid to, and for what service.
Does the buyer have to pay real estate commission to the broker?
Officially the seller pays the broker commission. However, ultimately it is paid by the buyer, since the commission is related to the selling price.
