It is a fee charged by a real estate agent to handle or broker the sale or purchase of real estate. It is commonly referred to as the commission charged and is based on a percentage of the sales price. The law requires that the brokerage fee be paid to the real estate broker, who ...
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An encyclopedia entry for the term "brokerage fee" as used in commercial law and real estate business. It is a fee charged by a real estate agent to handle or broker the sale or purchase of real estate. It is commonly referred to as the commission charged and is based on a percentage ...
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Commission (redirected fromBrokerage Fee) Dictionary Thesaurus Medical Financial Encyclopedia commission n. 1) a fee paid based on a percentage of the sale made by an employee or agent, as distinguished from regular payments of wages or salary. 2) a group appointed pursuant to law to conduct ce...
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Brokerage fees are used in various industries where brokerage services are applicable, including financial services, insurance, real estate, and delivery services, among others. Key Takeaways A broker or agent charges a brokerage fee to execute transactions or provide specialized services. Brokerage fee...
Different types of financial assets may have distinct fee structures associated with them. For example, many brokerage firms charge a commission fee for buying or selling stocks. This fee can be a fixed amount per trade or a percentage of the trade value. Inforex trading, brokers typically earn...