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.