Independent contractor status replaced employee status generally, and salespeople were granted much more freedom in terms of
establishing commission rates and work routines.
Not exact matches
The Alternative Reference
Rate Commission, a group of industry representatives convened by the Federal Reserve Bank of New York, has
established a timetable for transitioning away from the use of...
The document was the final report of a theological
commission established in 1966 by the archbishop of Cracow, Karol Wojtyla, to help him in his work on the Papal Commission for the Study of Problems of the Family, Population, and Birth Rate, inevitably dubbed the «Birth Control Commission» by the wo
commission established in 1966 by the archbishop of Cracow, Karol Wojtyla, to help him in his work on the Papal
Commission for the Study of Problems of the Family, Population, and Birth Rate, inevitably dubbed the «Birth Control Commission» by the wo
Commission for the Study of Problems of the Family, Population, and Birth
Rate, inevitably dubbed the «Birth Control
Commission» by the wo
Commission» by the world media.
All cable companies would charge a fair price,
established by the state public service
commission (like gas and electric
rates).
Governed by the Australian Securities and Investments
Commission (ASIC), OANDA Australia Pty Ltd
establishes margin
rates and maximum leverage at their discretion.
With the California Public Utilities
Commission set to vote on the proposal this Thursday, solar groups are demanding an explanation for the change, which they say goes against the CPUC's own methodology for
establishing TOU
rates.
His reform plan would require insurance companies to work in good faith with consumers, to get approval of
rate increases before implementing them and
establish a consumer advocate on the state's Insurance
Commission or within the office of the Insurance Commissioner.
At the end of the day, negotiating your
commission rate may be the fairest and most democratic method of
establishing your pay packet that there is.
The listing comission
rate in Canada (Ontario) is
established via legal contract with the seller, at the seller's choice amongst competing
commission models.
Also, in some areas the listing brokers do not want to offer the Buyers realtors less than the «normal»
rate (normally this is 2 % to 3 %
commission) because they do not wish to be discriminated against by the
established Realtors in the area who want to keep the
commissions higher.
Abrams Realty Corp. v. Elo (279 A.D. 2d 261)- trial evidence
establishes that broker was the procuring cause of sale of property; brokerage agreement was not unenforceable for its failure to specify
rate at which broker's
commission would be computed since it was clear that broker did not agree to work without compensation and that the parties understood that the broker would be compensated at the prevailing, normal and accepted
rates; trial court properly rejected attempt to evade obligation to pay broker's
commission by endeavoring to characterize the transaction as merely the assignment of a successful bid
4 DOS APP 02 Matter of DOS v. Hecht - business practices;
commissions; broker's past acts can not be used against him as evidence of repeated misconduct on a charge of illegal business practices where such conduct is being now first reviewed for untrustworthiness; charging fees in excess of professional norms, absent a showing of unique services offered above and beyond those services normally rendered by a real estate broker, demonstrates untrustworthiness; broker's current
commission rates are far in excess of
rates established by custom and usage; ALJ's decision modified, license suspended until one month after broker refunds amount in excess of
rates established by custom and usage
Not only must brokers avoid any discussions that could imply that
commissions or
commission splits are the result of agreement or collusion, but they should also take positive steps to
establish that their
commission rates and splits are determined unilaterally.
Brokers may also wish to include on the form an affirmative statement that
commission rates and cooperative splits are independently
established.
To avoid antitrust vulnerability for a price - fixing claim, such as two or more brokers or firms having agreed to charge the same
commission rate, real estate firms should: -
establish their fees unilaterally without consultation or discussion with persons affiliated with other competing firms; - ensure that when the company's brokers or salespeople discuss fees with actual or potential clients they use words that indicate to the listener that the services were priced independently, and that they judiciously avoid words suggesting otherwise.
HINT... Would it be the smaller companies (who advertise cut -
rate commissions, nay, who build their business upon same) who could not withstand a prolongued price war due to loss of market share «back» to the well -
established, better heeled brokerages?