The phrase
"cent commission" refers to a very small amount of money that is earned as a fee or percentage on a transaction. It means that someone is receiving a commission that is worth only a few cents.
Full definition
Seedrs makes money by taking roughly 6 per
cent commission on funds raised, and then a share of any increase in value when the company is sold — similar to the «carry» earned by private equity firms.
«As the founder of the 100 per
cent commission concept, Realty Executives has a long reputation as the innovator in real estate brokerage and agent services.
Petplan pet insurance gives us 10 per
cent commission for new business and each subsequent renewal.
«One office may decide to go with three and two per
cent commission rates, while 100 miles away another office may decide to go with four and three.»
One of our graduates reports that she has not taken less than a 7.5 per
cent commission in 17 years in spite of the fact that competitors, including agents in her own company, offer to take listings at four and five per cent.
They think because they have a 99
cent commission structure no one will leave, but it makes no difference when you're trading over 1000 shares (which is the bulk of my trading).
which included the para — «The firm is not constrained to the industry standard of 5 - per -
cent commission charged by most realtors.
Cimerman gives the example of a Munich HomeLife office (a franchisee agency) selling a home for 500,000 Euros and earning a five per
cent commission of 25,000 Euros.
The company traditionally operates on the 100 per
cent commission model, with some commission splits in outlying areas.
The common suggestion is that operating costs consume 30 to 35 per cent of commissions and fees in the split - commission houses, and the 100 per
cent commission houses should net about 10 per cent.
Humphrey held the line on six per
cent commission percentages on listings up until a year ago, when local discount competition forced him to lower percentages.
In fact, in the first four years as a Re / Max franchise, the net results of the 100 per
cent commission exceeded any commission splits that had been offered in the past.
-- remuneration sharing means that while a zero per
cent commission sharing offer is not acceptable for posting on MLS, «any offer of remuneration sharing above zero should be posted», adding that «boards and CREA can not set the amount of remuneration sharing»; and
Look, when we go over our various packages of service, our six per
cent commission deal is wanted by 65 per cent of the public when it's explained to them and we market more than 200 homes a year.
«If you offer 95 per
cent commissions back to your agent, you better make sure 95 per cent of the costs associated with servicing the client are directed back as well,» says Soper.
«The market is moving to where we started moving to 20 years ago... we are already operating profitably in the 4.5 to five per
cent commission range, so we've already gone through that restructuring.»
It started when the bureau forced the industry to open the door to more alternative ways of doing business for those who opt to sell their homes privately rather than pay a realtor's typical five per
cent commission fee.
Dave and Gail Liniger may not have invented the 100 per
cent commission concept, but they certainly created a pioneering brand that has had remarkable world - wide success.
Hoagies» Page's only sources of income are the Amazon, MindWare and other affiliates programs, where Hoagies» receives a few
cents commission on each dollar you spend with these companies after visiting through Hoagies» Gifted Education Page links.
Sotheby's International Realty is marketing the project, and offers 2.5 per
cent commissions for co-operating sales reps. To book an appointment at The Shipyards sales centre, call 1-877-446-2626.
It also notes there are other low - cost models in the industry from accredited brokers, such as the $ 499 to $ 1,499 rate from Vendirect Agence Immobilière if the seller finds their own buyer and Propriodirect's two - per -
cent commission rate if the seller finds a buyer.
Although many of his peers did not initially accept his ideas for what was then a controversial «100
per cent commission concept,» the philosophy is now used by nearly one - quarter of all Realtors in the U.S.
Morgan Stanley estimates that restaurants typically pay a 35 per
cent commission on order value to aggregators who provide delivery services and 13 per cent commission to Menulog for orders only.
One retailer told the Financial Review his prices on Amazon Marketplace would need to be higher than prices on his own website and stores to cover Amazon's 15 per
cent commission.
The shop takes a 20 per
cent commission.
They basically have to sell the idea that for every title they sell they get fifty
cents commission.
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.
All accounts, regardless of size or volume, are 59
cents commission per side.
Guess your fund company will have to recoup that 5 - per -
cent commission it paid your adviser when you bought your fund.
Taxify takes a 15 per
cent commission on rides compared to the 20 - 25 percent Uber charges drivers.
The company was turning over $ 1m a month in February, but exchanged $ 15m of dollars into bitcoins, or vice versa, at one per
cent commission, in April.
Of course it will help us if we can charge six - per -
cent commissions.
We may begin to see «staged» commission rate structures — similar to commercial real estate in Quebec — where, say, seven per
cent commission could be charged on the first $ 100,000 of the sale, and then six per cent on the next $ 100,000 and five per cent on the remainder.
However, if there is a need for the master franchisee to serve in a consulting capacity (because of language or other related issues), then the 15 per
cent commission is split 50 - 50 between the two entities.
Ronen Fishman, broker of record at Upperside Real Estate in Vaughan, Ont., says he is operating Canada's only full - service brokerage that offers sales reps 100 - per -
cent commissions.
The Pritchard Team will do the leg work and referring agents receive a 25 - per -
cent commission.
Michel Friedman is the broker of record of Orange Square Realty Inc. in Toronto, a 100 per
cent commission, full - service company.
I started selling real estate in 1983 and from then until 1991 I never had a problem getting sellers to pay six per
cent commission.