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Who sets the commission rate?

Updated: 9/26/2023
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Q: Who sets the commission rate?
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How do you find the commission rate?

How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.


What is the rate of commission on a 15000 sale if the commission is 45?

15000 x 45 % = 6,750


What does commission rate mean in math terms?

the term commission means the amount of money you earn


How do you use rate in everyday life situation?

To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.


Is a percent amount that a salesperson makes for a sale?

A percentage commission. Commission can also be a flat rate commission - a fixed amount for every sale.

Related questions

What is commission rate for home-owner's insurance?

The commission rate is the commission earned by the agent or broker who places the policy wit the company.


Formula of rate of commission?

Commission divided by sale = rate of commission.For example:Last week Don Felt made a commission of $325.80 on $2715 sales. Find his rate of commission.S325.80/2715=12%


Is the percent of total sales paid as commission to a salesperson?

Commission rate


Total sales 13600 commission rate 2.75?

Commission: $374.00


What is the formula for getting the commission?

You multiply the commission rate (the percentage, divided by 100), by the amount for which you are supposed to get commission.


How do you find the commission rate?

How you find the commission rate varies depending on the job. Some jobs pay a commission of 10% of total sales while some have commission that is on a sliding scale. In real estate, the realtor makes a commission from each sale. You can ask what the rate is prior to hiring the real estate agent.


Who sets telephone and electric rates in Texas?

public utilities commission


What is the rate of commission on a 15000 sale if the commission is 45?

15000 x 45 % = 6,750


What is commission rate?

percentage of money you get from a sale.


What is the typical commission rate?

No-one cares


What is the commission rate of 132 and 2200?

66


What is the realtor's commission rate for pa?

A realtor's commission rate is always negotiable. The standard/usual rate is 3% for the buyer's agent and 3% for the seller's agent. The seller always pays the realtor's commission, unless otherwise negotiated in the sales contract of the home.