We have been discussing the fiduciary standard of care owed to investors for some time now — I am pro, much of
the commission side of the business is con.
Ironically, both men have also been involved in the full -
commission side of the business.
Not exact matches
Third, on the cost
side, with the acceleration
of the
business this year, we view some additional SG&A in the form
of commissions and some investments in our people, structure and organization.
Representatives from both the brokerage industry and the registered investment advisory
side of the advice
business expect the Securities and Exchange
Commission to produce some kind
of proposal this year for a fiduciary standard for brokers...
«On the one
side there is the IMF, the OECD, the credit rating agencies, the bond markets, the European
commission, the CBI, the IoD, the BCC, the governor
of the Bank
of England, most British
businesses, two
of our historic political parties, one
of the Miliband brothers, Tony Blair and the British people.
Today, Scott and Patrick work
side by
side, with Scott running all aspects
of the
business and Patrick advising when needed and occasionally working on a sculpture
commission.
That said, you will have ongoing leads / requirements from the Consultancy
side of the
business — existing clients, new pitches, joint pitches etc... * You will earn
commission from your recruitment placements, and can work contract, permanent or dual desk.
Once you have mastered the candidate focussed
side of this role your responsibilities will increase to include account management and
business development and you will move up to the recruitment consultant
commission structure.
«This
commission was particularly important to me because it highlights the positive aspects
of having a graffiti style mural that
business owners generally don't understand,» says Swinden, who created the mural for the 26 x nine - foot
side wall
of the office.
Given an average price
of around $ 310,000 for all categories
of real estate sales and a
commission of $ 6,700 per
side in my
business model, then on average, local Realtors grossed $ 55,610.
While it is a long and heated debate with good points on both
sides, it seems irrefutable to me that a standard
commission rate for real estate brokers and agents is critical for the future
of the real estate
business.
If I seem picky it is because I have seen all
sides of and all kinds
of the real estate
business and its practitioners respectively from the inside - out, and I have borne witness to legions
of commissioned sales types (the good, the bad and the ugly), the latter two types spinning their way through interactions with the mostly less - than - knowledgeable members
of the public for their own personal financial good, first and foremost, too often at the expense
of their marks.
Conversely, a brokerage who may want to argue in favour
of charging a
commission that is on the higher
side, doesn't have as easy a task communicating their value, because their value argument involves a technical understanding
of the
business, and we may wonder how we'll stand with the Competition Bureau
of Canada for having done so.