Sentences with phrase «of gross commissions»

Peck believes, «Leads, not agents, are really the key variable to consider... Agents may only spend ~ 10 - 20 % of gross commissions on advertising, but routinely spend 25 - 33 % on leads or closed sales.»
But by the time Jones» franchise agreement came up for renewal in 1988, he wasn't sure he wanted to stay, in part because the fees his company and salespeople were paying — 6 percent of gross commissions, plus 2 percent for advertisingwere growing as quickly as the company.
One of the firm's noteworthy achievements is their «1 % For Good» movement, where agents can elect to contribute 1 percent of their gross commissions on every transaction to a charity of their choosing; the firm then matches the donation.
In only several months I had literally given her 60k worth of gross commissions, (and I continued to check behind the scenes carefully) paid her promptly on closing.
The agreement between the parties specified that the salesperson was entitled to receive a percentage of the gross commissions generated by salespeople under his direction that were «collected» by the brokerage.
In our case, let's assume our realtor has an 80/20 split — further reducing their earnings by $ 5,260 (it's 20 % of the gross commission, not the net commission).
When a transaction closes, the commercial broker pays a referral fee to the company equaling 25 percent of the gross commission for the referred side of the transaction.
To achieve this rapid growth, Realtysellers is offering brokers what it describes as a «revolutionary» office owner program, based on a percentage of gross commission income — 10 per cent of the gross commission income up to $ 35,000 and five per cent over $ 35,000 — with no upfront or ongoing franchise fees.
The upside to the lucrative packages is that agents receive more «bang out of their buck» to make more money selling real estate, even after paying the broker either a desk fee and / or a percentage of the gross commission.
Therefore, if one garners ten deals per year that close via Zoocasa leads (over and above the twelve deals that one must have already closed on a yearly basis in order to be annointed by Zoocasa) one therefore expenses a huge 10 X 35 % of gross commission per deal amount against one's total gross income, as well as expensing the normal advertising expenditures incurred for the previous twelve deals etc. with the grand total expense claim possibly being much more than is allowed by Rev. Can.
There's no stated norms in what a brokerage should be spending on technology, but 3 percent to 6 percent of gross commission income seems to be the range most allow for, Nicholas says.
As for the future of buyer agency, there's a movement afoot in this area to shave commission splits, thus allotting the listing agency more than 50 percent of the gross commission at closing.
Whitehead's rule of thumb: Each office should have a profit of at least 10 percent of gross commission income.
At Keller Williams, average brokerage share of gross commission income is considerably less than in the 500 largest brokerages in the country — 16.8 percent at Keller Williams offices compared with 29.2 percent for other companies — according to Dave Jenks, vice president of research and development at Keller Williams Realty International, based in Austin, Texas.
They will pay them 35 % of the Gross Commission Income for a lead before their split with their broker!
As a very general rule of thumb, expenses usually run about 15 percent of gross commission income.
When all is said and done the Real Estate Professional may only net approximately 20 % -30 % of the gross commission collected at the end of the year.
The company also says it has «an aggressive revenue sharing program that pays to agents a percentage of gross commission income earned by fellow professionals who they attract into the company.»
They must bring in $ 100,000 or more of gross commission income each year to be eligible for additional options.
At the point (should it arrive) in the agent's or broker's anniversary year with our company that the 20 % we retain adds up to $ 16,000 (effectively when the agent or broker closes transactions resulting in $ 80,000 in gross commission income) the agent's or broker's split graduates to 100 % of gross commission for the balance of the agent's or broker's anniversary year less adjusted fees.
Our fee structure resulting directly from the cloud office and its impact on profitability has enabled us to offer our agents and brokers a relatively high minimum split of 80 % of the gross commission generated from transactions.

Not exact matches

Still others use a combination of commissions based on gross margins, and a series of bonuses tied to individual and corporate goals.
Create this job for yourself, just like the Himalayan kingdom of Bhutan created the Gross National Happiness Commission, overseen by a secretary whose task is to look after the population's happiness.
Assuming an aggregate selling commission and a dealer manager fee of 9.75 % of the gross offering proceeds (which assumes all offering proceeds come from Class A units), the Company would reimburse the dealer manager in an amount up to 0.25 % of the gross offering proceeds.
In accounts lodged with the Australian Securities & Investment Commission on Thursday, Uber Australiarevealed revenues of $ 151.6 million, and a $ 24.2 million cost of providing services, for a gross profit of $ 127.3 million.
Cash revenue differs from total bookings, as disclosed elsewhere in this prospectus, due to secondary domain sales being recorded as gross sales for cash revenue purposes with the offsetting commissions recorded in cost of cash revenue while total bookings recorded net sales (gross cash receipts less commissions).
Six deals a year at an average commission of $ 11,000 equals $ 66,000 in gross commission income.
It notes that «The Truth and Reconciliation Commission was created by the Government of National Unity to investigate and report on gross human rights violations committed between 1960 and 1993.
Chief executive Dr David Staples said he had written to the Equality and Human Rights Commission about concerns its members are the victims of gross misrepresentation and discrimination.
The latest sign of the rise of Ukip — which campaigns for the UK to leave the EU — follows an unexpected attempt by the European commission to get the UK to pay # 1.7 bn more into European coffers following a budgetary readjustment, based on the gross national incomes of member countries.
The commission said the budget was always adjusted to take account of countries» gross national incomes but provoked a furious response from David Cameron, who said he would block the payment by the due date of 1 December.
Justice Gabriel Kolawole of the Federal High Court, Abuja has lambasted the Economic and Financial crimes Commission (EFCC) over display of gross misconduct in...
The countless difficulties facing Kenya's Truth Justice and Reconciliation Commission (TJRC), created as part of the KNDR process to investigate gross human rights violations and historical injustices, is a testament to this fact.
Ghana's annual space exploration expenditure has been 1 % of its gross domestic product (GDP) for support research in science and technology and in 2012 Ghana was elected to chairman the Commission on Science and Technology for Sustainable Development in the South (Comsats) and Ghana has a joint effort in space exploration with South Africa's South African National Space Agency (SANSA).
However, the motion also identified that the health and social care bill contained gross breaches of the coalition agreement with a total absence of locally elected representatives on commissioning bodies, and the proposed abolition of those commissioning bodies (the primary care trusts).
«While the governor of Kogi State currently enjoys immunity from prosecution, the commission approved the summary dismissal of two employees for acts of misconduct and the immediate and compulsory retirement of an electoral officer for acts of gross misconduct.»
«All facts available indicates that the loan is blatant fraud, and gross man's inhumanity to man; we therefore call on the Central Bank of Nigeria and Economic and Financial Crimes Commission, EFCC, to stop the government from accessing the loan facility.
Small Business Mergers Regulatory Exemption — Vote Passed (426 - 0, 6 Not Voting) The House passed the bill that would exempt brokers handling mergers and acquisitions from Securities and Exchange Commission registration requirements in cases in which the company being sold does not have any class of securities required to be registered with the SEC and in the prior fiscal year, the company's earnings, before interest or taxes, are less than $ 25 million or gross revenue is less than $ 250 million.
Professor Kassim Kassanga, former Minister of Lands and Forestry secretly re-awarded 42 Timber Utilisation Contracts from the NDC era that the NPP Government had cancelled to cronies and favorites of the NPP in gross violation of the principles of transparency, among which beneficiaries was Mrs. Comfort Wereko - Brobbey, President Kufuor's sister whose husband was a member of the Forestry Commission Board and who was given 89 square kilometres of the Asukese Forest Reserve.
A statement spelling out the conditions of the Shiite movement and signed by Ibrahim Musa, President Forum of the Islamic movement said, «While the Islamic Movement in Nigeria (IMN) has called for the setting up of an impartial and independent Judicial Commission of Inquiry made up of independent persons and members of the international human rights community to unravel the circumstances that led to the pogrom in Zaria and its environs, it believes that the events of December 12, 2015 that led to the massacre of its members, the maiming of hundreds, the detention of its cadres and destruction of its properties are premeditated and that the Federal and Kaduna State Government are in a face saving measure regarding the gross human rights violations that it deliberately perpetrated.
In the executive summary of its application to the Gaming Commission, Resort World has predicted a gross gaming revenue of $ 1 billion and argues that residents of disadvantaged areas of the state, including Sullivan and Ulster counties, «will be economically better off being employed in Sterling Forest Resort than a smaller gaming facility in their «disadvantaged area.
It maintained that declaring results of elections that had earlier been announced as inconclusive would amount to a «gross» violation of INEC's rules and demonstrate the height of inconsistency and illegality on the part of the commission.
An international team of experts convened by the Presidential Commission for the Study of Bioethical Issues will also explore the best ways to ensure gross ethical violations do not occur in medical research in any part of the world.
The closing of the proposed transaction is subject to certain conditions, including the completion by LiveXLive of an underwritten public offering generating aggregate gross proceeds of at least $ 100 million, as well as the filing of a Registration Statement on Form S - 4 with the Securities and Exchange Commission (the «SEC»).
A recent study by the Sundance Institute Commission and Women In Film found that, across 1,300 top - grossing movies from 2002 to 2014, only 4.1 percent of all directors were women.
For its part, Pakatan Rakyat has brought a case against the Elections Commission before the High Court which is currently under review, accusing the elections body of gross incompetence, however international opinion has long since accepted the results and moved on, with both the United States and China accepting the result immediately following the poll in early May.
The key point here is that all sellers now get a 30 % commission and Apple now wants a 30 % fee, which is all of our gross margin and then some.
If the condo eventually sells for $ 155K, that would be $ 116,250, so that's slightly advantageous to them (assuming that «gross proceeds» means «before deducting commissions for either the buyers» or sellers» realtors or any other costs of the sale»), and thus slightly disadvantageous to you.
Designed to deliver an estimated annual cash flow of 5 - 6 % gross of fees and commissions between dividend and option income, plus the potential for capital appreciation
If you are self employed, commissioned, or get 1099's, note your gross income is what you bring from your Schedule C onto line 12 of your 1040.
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