Indeed, if you ask
a broker about the commission, you may be told that there is no commission.
Not exact matches
And as much as TREB says its dispute is
about privacy, what's really at stake is who controls the online flow of information, and ultimately millions of dollars in
commissions and transaction fees, between buyers, sellers and
brokers.
In the United States, which opened up its MLS to marketing - only services in 2008 as part of a settlement of an antitrust suit brought on by the Department of Justice, flat - fee
brokers today represent
about 10 % of the marketplace, and the FSBOs, according to a 2009 National Association of Realtors survey, 11 % (though, it's important to note, the U.S. market has been severely affected by the sub-prime mortgage crisis and had lower
commissions in the first place).
You can learn more
about this here: http://www.learnbonds.com/bond-fund-total-return-components/ Also keep in mind that depending on how your
broker is compensated often times they will generate a
commission each time they move you out of one thing and into another.
If we talk
about the cryptocurrency market, then the
commissions are so high that
brokers can earn decent amounts simply on
commissions without any additional services.
Just
about anywhere you want: A bank; credit union; full -
commission stock
broker; financial planner; in no - load mutual funds (a fund sold without
commission) or with a discount stock
broker.
For anyone who is thinking
about BDSwiss as a potential platform, you have to know that the
broker is a Cyprus investment company licensed by the Cyprus Securities and Exchange
Commission as mentioned above, with the number 199/13.
In this market,
brokers do not have to worry
about the regulations of the Securities and Exchange
Commission, or the commodity and futures oversight boards.
If you sign a $ 300,000 mortgage, your
broker would earn
about $ 2,250 on the deal, based on a
commission of 0.75 %.
whereas i think stock traders have a wide selection of
brokers because i couldn't care less
about a $ 3 or $ 10
commission on trades valued over $ 10,000.
Borrowers whose fees were offset by yield spread premiums (
commissions paid to
brokers by wholesale lenders) only got
about $ 200 in savings for every $ 1,000 in YSP paid to their
brokers.
And as I mentioned in another post, it doesn't help when super popular gurus from the PF world are mixed up in this bullshit themselves, like Dave Ramsey for example, who is in business (via his «Endorsed Local Provider» program) with
brokers earning the kind of fees and
commissions talked
about in this blog post.
Update: Last week I wrote
about how you can buy ETFs without paying any
commission and in the article, I listed Scottrade as one of the
brokers which currently offers
commission - free ETFs to its customers.
What most traders are taught
about money management is usually «lies» invented by the industry to help you lose your money «slower» so that
brokers can make more
commission / spreads from you.
Considering all the talk
about the price war when it comes to
commissions and fees, I consider this a fairly strong quarter for the online
brokers.
Virtual
Brokers»
commission - free trading plan has many strings and they are important to know
about before considering this plan.
For ETFs, which can only be traded through
brokers,
commissions can't be avoided, unless under some special conditions, which I will talk
about later.
Competitors to Virtual
Brokers, such as Questrade, offer $ 0.01 per share trading and Virtual
Brokers has been offering $ 0.01 per share as part of their «the 99» plan as well as their «per share» plan (learn more
about ultra-low
commissions plans here).
In this Socttrade review post, you will find information
about the
broker's
commissions, the process of opening an account, trading platform and tools, etc..
While these types of
brokers often charge higher
commissions than discount
brokers, it is well worth to be properly educated as you will be able to trade more effectively rather than worrying
about the trading cost itself.
In fact, don't even think
about commission rates until you nail down one or more
brokers who offer international stock market access AND true multi-currency accounts, which are far more important.
While I don't recall which website I first read
about Loyal3 I do recall my reaction to the concept — a
commission free
broker?
The bad thing
about ETFs is that you have to pay a
broker's
commission every time you buy or sell them.
Bernardo says Harris never told her how risky the new investments were, or
about the fat 5 per cent
commission that
brokers typically get selling them.
Meadows says his
broker never told him
about the
commissions, typically 7 per cent of what's invested, or risks.
In the second installment of our special series comparing Questrade's and Virtual
Brokers» lowest stock trading
commission plans, we take a look at what our study results showed us
about the impact of market data to the overall cost of trading.
I'm not
about to take a chance with a small
broker for a few dollars less in
commissions but nevertheless, decided to check out the website.
Canada's regional regulator, the Ontario Securities
Commission (OSC), has published a warning
about the owner of the offshore forex
broker AlfaTrade — Nemesis Capital.
If you plan to trade frequently, look for a firm that offers low trading
commissions (read more
about choosing a
broker).
Discount
brokers, who mostly operate online, have long argued that CREA's rule changes were designed to put them out of business and protect full - service agents who rely on
commissions, which average
about 5 per cent in total on a residential sale.
Learn
about the optional benefits you can purchase to maximize your coverage by speaking with your
broker, and by checking out this summary from the Financial Services
Commission of Ontario.
Business Development:
Brokering various business dealings that further the diversification of Indian economies Developing and accessing commercial financial programs and services for tribal governments, including tax - exempt offerings and federally - guaranteed housing loans Serving as issuer or underwriter's counsel in tribal bond issuances Ensuring tribal compliance with Bank Secrecy Act and other federal financial regulatory requirements Handling federal and state income, excise, B&O, property and other tax matters for tribes and tribal businesses Chartering tribal business enterprises under tribal, state and federal law Registering and protecting tribal trademarks and copyrights Negotiating franchise agreements for restaurants and retail stores on Indian reservations Custom - tailoring construction contracts for tribes and general contractors Helping secure federal SBA 8 (a) and other contracting preferences for Indian - owned businesses Facilitating contractual relations between tribes and tribal casinos, and gaming vendors Building tribal workers» compensation and self - insurance programs Government Relations: Handling state and federal regulatory matters in the areas of tribal gaming, environmental and cultural resources, workers» compensation, taxation, health care and education Negotiating tribal - state gaming compacts and fuel and cigarette compacts, and inter-local land use and law enforcement agreements Advocacy before the Washington State Gambling
Commission, Washington Indian Gaming Association and National Indian Gaming
Commission Preparing tribal codes and regulations, including tribal court, commercial, gaming, taxation, energy development, environmental and cultural resources protection, labor & employment, and workers» compensation laws Developing employee handbooks, manuals and personnel policies Advocacy in areas of treaty rights, gaming, jurisdiction, taxation, environmental and cultural resource protection
Brokering fee - to - trust and related real estate and jurisdictional transactions Litigation & Appellate Services: Handling complex Indian law litigation, including commercial, labor & employment, tax, land use, treaty rights, natural and cultural resource matters Litigating tribal trust mismanagement claims against the United States, and evaluating tribal and individual property claims under the Indian Claims Limitation Act Defending tribes and tribal insureds from tort claims brought against them in tribal, state and federal courts, including defense tenders pursuant to the Federal Tort Claims Act Assisting tribal insureds in insurance coverage negotiations, and litigation Representing individual tribal members in tribal and state civil and criminal proceedings, including BIA prosecutions and Indian probate proceedings Assisting tribal governments with tribal, state and federal court appeals, including the preparation of amicus curiae briefs Our Indian law & gaming attorneys collaborate to publish the quarterly «Indian Legal Advisor ``, designed to provide Indian Country valuable information
about legal and political developments affecting tribal rights.
The first major concern
about life settlements is the size of the
commission the
brokers take.
Over the past few weeks, Coinbase has begun discussion with the Securities and Exchange
Commission about the potential of becoming registered as an officially licensed
broker.
In 2012, the Federal Trade
Commission opened an inquiry into data
brokers and subsequently recommended that Congress consider enacting a law «to make data
broker practices more visible to consumers and to give consumers greater control over the immense amounts of personal information
about them collected and shared by data
brokers.»
If we talk
about the cryptocurrency market, then the
commissions are so high that
brokers can earn decent amounts simply on
commissions without any additional services.
Cryptocurrency trading firm Coinbase has entered into talks with the U.S. Securities and Exchange
Commission about registering as a licensed
broker - dealer firm and...
Besides the profit squeezes everyone knows
about — bigger
commission shares for salespeople and rising advertising costs —
brokers have been pumping a lot of money into computerization.
Brokers also need policies that prohibit salespeople who blog from making potentially libelous statements
about other industry professionals or talking
about commissions or business operations in ways that could violate antitrust or fair housing laws.
A majority of salespeople are compensated through a
commission split with their
broker;
about one - fifth have 100 percent
commission plans.
The YCR website (www.joinyourchoicerealty.ca) includes information
about the program and advantages,
commission plans, its 24/7 free legal advice, in - house mortgage
broker, training, professional offices and license transfer details.
Q: Before I wrote an offer for a buyer client, I asked the listing
broker about the possibility of increasing the cooperative
commission.
2) The only ones CREA allows to talk
about commissions are the discount
brokers, who on their websites and printed materials, universally tell the world Canadian REALTORS charge more than what they really do.
While packing up to leave, I summarized their expectations by asking if they felt it reasonable to expect a highly experienced
broker who is confident in his self - worth and truly cares
about his clients, to accept an over-priced, minimum term listing of a sub-standard property owned by someone who doesn't seem to value loyalty or expertise, and with a heavily discounted
commission rate.
Ross continued with what he must regard as more of his value argument with: ``... I summarized their expectations by asking if they felt it reasonable to expect a highly experienced
broker who is confident in his self - worth and truly cares
about his clients, to accept an over-priced, minimum term listing of a sub-standard property owned by someone who doesn't seem to value loyalty or expertise, and with a heavily discounted
commission rate.»
Even Ken McLachlan,
broker of record for Re / Max Hallmark Realty, who took over two of the three former Re / Max Executive offices when they became insolvent, says he didn't know
about the cap until he attempted to help the former Executive agents who came to work with him get the
commissions they were owed.
@Joel Owens ``... could care less
about what the
broker / agent gets paid for
commission as it comes from the seller.»
Those in the business that I know have raving client reviews and those clients could care less
about what the
broker / agent gets paid for
commission as it comes from the seller.
Include articles like the recent news release
about the US founder of a FSBO company using a full service, full
commission broker to sell his home.
Brokers too have been complaining
about competition and how the average reduction in
commissions is resulting in reduced revenues.