Sentences with phrase «earned by the brokerage»

Closed - end fund shares are initially sold at a premium to net asset value, with the premium representing the money earned by the brokerage firms concerned.
Any commission earned by a Brokerage is paid to them by another Brokerage that in turn receives that money from a seller, who agreed to pay it because they found value in the services they were to receive from their Brokerage.
Consequently, whether a dual agency trade involves one licensee or more than one licensee related to the same brokerage, the remuneration to be disclosed is the total remuneration to be earned by the brokerage.

Not exact matches

If we were to multiply this by an average 0.3 %, then for every 100 million brokerage, company can earn 300,000 dollars per day.
Indeed, this is a business opportunity for outstanding schools to earn more money, and the brokerage process should be overseen by education leaders (a new function for Schools Forums maybe).
A fiscally mature way to earn miles is by opening up or adding to an existing non-retirement Fidelity Brokerage Account.
If you have at least $ 25,000 in your self - directed RRSP and / or taxable account, it might be worth your while to earn some free money by transferring your accounts to RBC's inferior discount brokerage and keeping it until May 31, 2007.
Strong brokerage franchise Charles Schwab has earned the trust of its clients as witnessed by an increasing flow of funds into its business.
the dollar amount of all interest earned on government and corporate debt obligations and short - term certificates of deposit, as well as interest earned from cash in a brokerage account; for bond ladders it represents the estimated annual income that will be received from the securities that make up the rung; the income is calculated by multiplying the coupon rate by the quantity of bonds (face value)
By choosing the right brokerage, you can reduce your risk and improve the possibility of earning more money from your investments.
Unfortunately for them, however, with so many awards stating essentially the same thing, the term «the best discount brokerage» has begun to lose its impact and the only way to distinguish between awards is by the quality of the tests discount brokerages have to pass in order to earn the award.
The referral commissions that could be earned or paid by National Bank Direct Brokerage through referral agreements detailed below.
Since June 30th, 2010, the Powerfunds model portfolios have been invested with real dollars in brokerage accounts at TD Ameritrade, and have captured the actual returns earned by investors, including commissions charged to buy and sell funds at that particular brokerage platform, as well as short - term redemption fees charged by the fund or broker, if any.
1099 - DIV / B: This is provided by your brokerage and shows how much you earned in dividend income, or how much you had in capital gains or losses
If we were to multiply this by an average 0.3 %, then for every 100 million brokerage, company can earn 300,000 dollars per day.
But the court denied him a percentage of commissions received by the brokerage after his departure, even if those sums were earned during his tenure.
The brokerage's production last year earned it a Coldwell Banker President's Award of Honour, a distinction achieved by only six per cent of the company's brokerages throughout North America.
A new registrant, under this system, would work as an apprentice, and would earn progressively more each year, provided that said registrant could keep up with the rigours of the job as set out by the brokerage in concert with rules set down by ORE..
Client and Broker entered into an agreement («Brokerage Agreement») in which the parties agreed that Broker would earn his commission when plaintiff «enters into a sales contract... with any buyer procured by seller... provided that buyer performs and settles on said contract.»
The agreement, which ran until Dec. 31, 2000, provided that the broker would earn a commission if the ranch was sold within the listing period or a buyer introduced by the brokerage bought the property within 180 days of the expiration of the listing agreement.
They are staying out of it by simply siphoning off a percentage of the actual participants» from other brokerages earned income by steering consumers to those so - called hand - picked Bribes R Us registrants.
Because mortgage interest rates had skyrocketed to 22 % by the time we were finally finished with all of the paperwork with the then M.C.C.R., and realizing that I would be fighting a losing financial battle (six established brokerages in my area, Peterborough, went bankrupt within the next six months), I wisely elected to quit the business altogether, and went into University, full time, earning a degree in Politics.
But by so doing they have earned much ill will with those former clients (and everyone those former clients will talk to about this murky practice by registrants / brokerages) as well as with the millions who watched those news stories.
Additionally, agents that are mentored by high - earning industry professionals prove more profitable to the brokerage than those who begin their career without any direction.
Any Buyer with that failed Brokerage as such can not be fully represented by the Failed Brokerage in the purchase of that property even though no formal written agency relationship to earn commissions was ever entered into with said seller.
Fried v. David Berry Realty (17 A.D. 3d 405) brokerage agreement entitled broker to a commission when there is a meeting of the minds and a tenant was procured who was ready willing and able to lease upon the owner's terms; lease procured directly by owner conditioned lease upon obtaining operating certificates from the New York State Department of Health and the New York State Office of Mental Health; there was nothing in the record to indicate that approval by NYSOMH, which was denied, was a «term» imposed by owners and therefore triable issues of fact exist as to whether the broker's commission was earned.
(4.1) Despite subsection (2)(b) and (c), remuneration that has already been earned, as determined in accordance with the rules, by a brokerage may be paid,
Philip Mehler Realty, Inc. v. Insignia Financial Group, Inc. (21 A.D. 3d 255)- judgment dismissing broker's complaint affirmed; brokerage agreement specifically provided that broker would earn a commission in the event that tenant leased additional space in the premises within 18 months of the lease acceptance date but only if tenant was not represented in the negotiation of such expansion by an unrelated third party broker; additional space acquired by tenant was negotiated by an unrelated third - party broker and thus plaintiff was not entitled to a commission.
Mecox Realty Corp. v. Rose (202 A.D. 2d 404) judgment in favor of plaintiff to recover brokerage commission affirmed, where broker earned commission when they produced a buyer who was ready, willing and able to purchase at the terms set by the seller.
He continued his ascent by earning a position as the No. 1 Agent for all of Westchester County at Coldwell Banker Residential Brokerage for six consecutive years (1997 - 2002).
5 - 15.1 (1) Money received by a brokerage on account of remuneration for real estate services is to be considered earned for the purposes of section 27 (4.1)[exceptions from payment into trust account] of the Act in the circumstances described in this section.
73 DOS 95 Matter of DOS v. Marotta - consolidation of actions; dual agency; disgorgement of broker commission; broker may act concurrently in a single transaction as an agent and a principal with informed consent of and full disclosure to principal; broker's agreement breached by broker where broker obtained property incompatible with client's stated needs; no broker's fee earned where brokerage agreement breached by broker; broker engaging in business under trade name acts as individual; agency created between broker and buyer by conduct of parties; dual agency allowed upon full disclosure and informed consent of both buyer and seller; no commission earned by broker where breach of fiduciary duty; refund unearned commissions
The brokerage's records must continue to show the remuneration as being earned by and paid to the licensee.
The one exception to the requirement to pay all remuneration into a brokerage trust account or a commission trust account is when remuneration has already been earned when it is received by the brokerage and none of that remuneration is owed to anyone other than the brokerage itself.
(4.1) Despite subsection 2 (b) Despite subsection 2 (b) and (c), remuneration that has already been earned, as determined in accordance with the rules, by a brokerage may be paid,
An amendment to section 5 - 15 of the Council Rules establishes that referral fees may be considered earned and paid out from brokerage trust accounts once the terms of the agreement for their payment have been fulfilled, or at a time otherwise agreed to in writing by the payer.
The brokerage was home to 445 real estate agents and was run by 42 - year - old Ze Yu Wu, a permanent resident who moved to Canada from China a year ago, and an unlicensed trainer who taught and encouraged his agents to low - ball and lie to potential sellers in order to earn bigger commissions re-selling the listed homes.
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