Changing Industry
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Compensation is conventionally based on a percentage of the sales price, split between the buying and selling brokers, and then between the agent(s) and his/her real estate agency. While a split based on the percentage received by the broker is generally normal, in some brokerages agents may pay a monthly "desk fee" for office costs, monthly fee, etc., and then retain 100% of the commission received.
Read more about this topic: Real Estate Broker
Famous quotes containing the words changing and/or industry:
“But one man loved the pilgrim soul in you,
And loved the sorrows of your changing face.”
—William Butler Yeats (1865–1939)
“No delusion is greater than the notion that method and industry can make up for lack of mother-wit, either in science or in practical life.”
—Thomas Henry Huxley (1825–1895)