Not exact matches
We also pay the former
salesperson a residual fee from our
commission, which declines as a percentage
over a period of years.O «Kelley wouldn't specify the amount.
I'm not dumping on all
commissioned salespeople per se, for very few have the background and insider knowledge that I have gained
over 50 plus years of working within many, many relevant areas of the real estate industry.
I hope that you both, along with Jerry, can accept my apologies for being so harsh with you all regarding my opinions on this touchy subject, but I have had these scripts and behaviours tried on me so many times
over the decades by
commissioned salespeople selling every thing under the sun, unsuccessfully, that I automatically detest those mercenary behaviours to the max, and I can not help but recognize the motives that lie beneath those attempted manipulations to the degree that my tolerance for human - to - human control - tactics - for - dollars simply makes my blood boil.
He has already sold
over $ 75 million in property, is among the top - performing Re / Max
salespeople in Canada and has been inducted into the company's elite platinum, president's and chairman's clubs, which are reserved for those who earn
over $ 500,000 in
commissions.
If the subject property happens to be
over priced by 10 % due to the listing
salesperson «buying» the listing (a not uncommon scenario), then the buyer overpays (above market value) by 7.5 % if full list price is paid despite the 2.5 %
commission rebate.
There was no written agreement establishing the terms of the relationship between the Brokerage and the
Salesperson over the payment of
commissions, including the time when
commissions were earned.
The Recovery Fund — mandated by the provincial government to hold a minimum of $ 300,000 — reached a high of
over $ 900,000 a year and a half ago, before the Nova Scotia Real Estate
Commission (NSREC) withdrew $ 115,000 to help develop a new
salesperson licensing program.
A dramatic shift
over the last 10 years has seen a larger portion of
commissions flowing to the
salespeople as opposed to going to the brokerage.
If your licence is inactive
over 30 days, complete the
Salesperson and Associate Broker Licence Application and Schedule B and submit to the
Commission with a copy of your driver's licence and birth certificate and payment.