Sentences with phrase «compensate other brokers»

Then came agreements by which one broker would compensate other brokers who helped sell those properties, through a system of shared inventory sales.

They agreed to compensate other brokers who helped sell those properties, and the first MLS was born, based on a fundamental principle that's unique to organized real estate: Help me sell my inventory and I'll help you sell yours.»

Not exact matches

A Mutual - Fund Fee Falls Out of Favor A controversial type of mutual - fund fee — in which dollars are subtracted from fund assets to compensate brokers and other distributors — is losing favor.

If you invest $ 100,000 in an A-Share mutual fund with a 5 % front - load, $ 5,000 will be used to compensate the broker and his firm and other $ 95,000 will go to work for you.

There are also 12b - 1 fees, or distribution fees, that compensate brokers and other sellers of mutual funds for advertising and marketing costs.

The justification for a load fund is that investors are compensating a sales intermediary such as a broker, financial planner, investment advisor or other professional for his time and expertise in selecting an appropriate fund.

«Distribution fees» include fees to compensate brokers and others who sell fund shares and to pay for advertising, the printing and mailing of prospectuses to new investors, and the printing and mailing of sales literature.

SellerInvite.com encourage our sellers to fairly compensate our fellow industry members and never reject those asking for more, and the proof is in the pudding with the majority of our homes being sold by other broker members.

NAR's Professional Standards Committee carefully considered this issue many years ago and determined that Article 3's obligation to cooperate with other brokers doesn't include an obligation to compensate brokers to whom no compensation offer was ever made.

It was the considered judgment of REALTORS ® on the committee — at the time, more than 100 active real estate professionals representing every state — that potential cooperating brokers may not assume that every offer to cooperate includes an offer to compensate or that every offer a REALTOR ® makes applies to every other REALTOR ®.

In cases where one of the listing brokers has been compensated by the seller or landlord, the other listing broker, as complainant, may name the first listing broker as respondent and arbitration may proceed between the brokers.

This contract creates the relationship between these parties, establishes the duties of each and the terms under which the listing broker will be deemed to have earned a commission, and frequently will authorize the listing broker to cooperate with or compensate (or both) cooperating brokers who may be subagents, buyer agents, or acting in some other capacity.