Ads
related to: brokerage fee explained for dummies book cover template calculator- 401(k) and IRA Tips
Learn the differences.
Is it time to rollover your 401(k)?
- Retirement Income Guide
Discover how to make your
portfolio work for you!
- 13 Retirement Blunders
Retire at ease, avoid these errors.
Blunder #9: buying annuities.
- Annuities In Retirement
Beware of this investment vehicle.
Learn why many fail to deliver.
- 401(k) and IRA Tips
Search results
Results From The WOW.Com Content Network
For premium support please call: 800-290-4726 more ways to reach us
For example, if an investor wished to sell $3 million worth of stock, he would pay the broker he used a fee of 5%, or $50,000, on the first million dollars of transaction value, 4% (40,000) of the second million, and 3% (30,000)of the third million, for a total fee of $120,000. On an investment of $50 million, the total fee would be $600,000.
The brokerage RE/MAX, for example, has a split commission setup by which its agents receive 95 percent of the full commission from the sale, and 5 percent goes back to the company.
The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...
In the United States, a finder's fee is the compensation given to an intermediary in a business transaction. Usually, there is a casual relationship between the one party and the intermediary (the finder), another relationship between the finder and the second party, and the two parties of the transaction would not have met if it were not for the work of the finder.
For premium support please call: 800-290-4726 more ways to reach us
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.
Broker fees. Sometimes, brokers may charge a fee directly to their clients for their services. This usually happens when the broker provides additional services, like risk management consultations ...