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taurus [48]
10 months ago
8

real estate brokers serve as intermediaries by bringing buyers and sellers together in the real estate market. for this service,

brokers are paid what is commonly referred to as a:
Business
1 answer:
Nezavi [6.7K]10 months ago
7 0

When brokers serve as intermediaries who bring buyers and sellers together in the real estate market, they get paid what is commonly known as a Commission.

<h3>How are real estate brokers paid?</h3><h3 />

In the real estate market, brokers are paid based on commission. This commission is charged on the selling price of the house which means that it is the buyer that pays the commission. The reason real estate brokers get paid a commission is because of their service of bringing the buyers of real estate, to those who want to sell their property in the real estate market.

There can be different rates paid for commission to real estate brokers depending on the services rendered, the location, or how well known the real estate agent is. However, commission paid often ranges between 5% of the selling price to 6%. This means that if a real estate broker sells a property worth $100,000, they can expect between $5,000 and $6,000.

Find out more on real estate commission at brainly.com/question/13094656

#SPJ1

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Carlos bought a building for $113,000 in 2012. he added an addition to the building for $26,000. in 2016, he sold it for $212,00
rodikova [14]
You got to add building cost with your additional money: 113,000 + 26,000 = 139,000. Then the difference between the selling price and the "final" cost of your building equals your capital gain: 212,000 - 139,000 = 73,000 Capital Gain. So it's C! (---HINT---: Remember that this is calculated theoretically, but practically you need a calculate the appreciation or depreciation of the property!)




I hope it helped you!
4 0
3 years ago
COMPARE AND CONTRAST WHOLE LIFE,VARIABLE LIFE AND TERM LIFE?
Sergeu [11.5K]

Answer:

WHOLE LIFE: This policy covers the person for his entire life and then pays a cash revenue that is guaranted for the investments made during the life of the owner of the policy. For this benefits to be obtained the person must pay a fixed high premium for it.

VARIABLE LIFE: This policy covers the person for the same period as the whole life insurance but the premium is not fixed as the cash revenue for investments is not guaranted.

TERM LIFE: The term life insurance is set up for an especific period the premiums are the lowest and persons won't collect any cash payments for revenues made out of investments at the end of the coverage of the policy.

3 0
3 years ago
Read 2 more answers
How does corruption limit investment and economic growth? Instructions: In order to receive full credit, you must make a selecti
docker41 [41]

Answer:

Correct option are (1) and (3).

Tax revenues are often diverted to those in power instead of going into legitimate productive investment, and the same is sometimes true of foreign aid money from abroad.

Knowing that payments of graft must be made prevents many people from undertaking actions that might lead to growth.

Explanation:

In a corrupt economy, government incomes from charge and outside guide frequently are occupied to politically influential individuals as opposed to being contributed for gainful purposes. Since individuals realize that defilement cash needs to paid to concerned authorities, they don't attempt such profitable venture either. Both these variables identified with defilement limits speculation and development.

6 0
3 years ago
Ford Motor Company's use of company resources to build its River Rouge Plant outside of Detroit so that iron ore could enter int
Alenkinab [10]

Answer:

Vertical growth

Explanation:

Vertical growth occurs when a company sets up operations and distribution channels for a new product. There is an expansion from its traditional product offering.

Vertical growth aims to increase control of distribution and suppliers and scaling of product within existing line of production.

Ford motor's initiative in setting up its River Rouge Plant outside of Detroit so that iron ore could enter into one end of the plant and a finished automobile could exit out of the other end is vertical growth.

3 0
3 years ago
Networking is a key benefit to a college education.which of the following is not an example of a networking benefit
Rufina [12.5K]

Answer:

D. Networking ensures higher-paying jobs.

Explanation:

Networking is the act of interacting and sharing information between a group of people with common interests in various settings, such as the work environment, schools, and other social gatherings. When students attend the same school, they share common interests and goals. Networking among them would pave way for possible help in the future with regards to finding a job. But it would be wrong to assume that networking would be a guarantee for higher-paying jobs.

Networking would also help graduates from college to interact with people who have progressed farther in their career than they have. So, they can learn from their wealth of experience.

4 0
3 years ago
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