In situations where licensees have formed teams, the distribution of remuneration must be done by the brokerage; that is, the licensed team members (or their respective personal real estate corporations) must be paid
separately by the brokerage, not by one of the team member's personal real estate corporations.
Not exact matches
Clearing, custody, or other
brokerage services may be provided separately by National Financial Services LLC or Fidelity Brokerage Services LLC, Members NY
brokerage services may be provided
separately by National Financial Services LLC or Fidelity
Brokerage Services LLC, Members NY
Brokerage Services LLC, Members NYSE, SIPC.
When compared to
brokerage agency where all licensees engaged
by a
brokerage assume the agency obligations of the
brokerage in relation to each of its clients, designated agency allows for clients to continue receiving full representation in in - house transactions where different designated agents
separately represent their respective clients.
Additional charges made
by real estate
brokerages or agents to the seller or consumer are itemized
separately as additional items for services rendered, with a description of the service and an identification of the person ultimately receiving the payment.