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The agent's commission depends upon the age of members in the policy. For the persons upto 35 years of age it is 15% ; 36 to 55 10% ; 56 onwards only5%. The commission will be calculated only for the base premium , not for service tax and higher education cess etc...
A . Pugazhendhi
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How much should you pay a real estate agent when buying a house?
Standard commission in the US is 3% to selling agent, 3% to listing agent. The seller pays the commission.
A real estate agent earns about a 6 commission on each house sold. How much commission would an agent earn on a house that sold for 125000?
7500
Is the Lic Agent's Commission is 0 in the 2011?
No, Lic policies have shown much growth in 2011. For more information on Lic agent and The commission of Lic agent Visit: Authorized<a href="http://thelicagent.in/"> Lic Agent</a>
If I'm purchasing a house for 25000 how much do i pay my realtor?
Typically the commission is paid by the seller, which the buyer's agent & seller's agent split in half. If you are paying the agent a commission, he or she is getting paid twice. If I were you, I would look for another agent that will accept the commission that is being paid by the seller.
A real estate agent earns about a 6 percent commission on each house sold How much commission would an agent earn on a house that sold for 125000?
7500
How much does the agent make off house insurance?
Typically 10% commission.
What is the percentage of a realtor commission today?
Although the typical commission rate is 7% for Residential and 10% Commercial there is no set commission rate, it all depends of the amount of work you want the agent to do (advertising, paperwork, ect.) and how much incentive you want to give the buyers agent which makes your house desirable for agents to show, also the agent does not get all of the commission, it is divided between the agent his broker the buyers agent and his broker plus advertising.
How much does a real estate agent make per hour?
Nothing. They work on commission.
How much money does a real estate agent make for each house they sell?
In most cases, they make a percentage of the sale price (called a commission), and that percentage varies. Usually, both the buyer and the seller have an agent, and both get a commission. If the same agent represents both buyer and seller, he gets a double commission. You should call individual real estate firms to find out how much commission they give their agents.
Do you have to pay a commission if your agent sell your home to another agent they both want a commission?
The total commission amount should be in the listing agreement. If your listing agent has agreed to sell your home for 6% and another agent decides to buy it, your listing agent is responsible for paying that agent's commission out of the 6% commission you have agreed to pay them for procuring a buyer. They are not allowed to unilaterally demand a separate commission for the other agent. If they try to force you to pay extra commission above the original amount you agreed to pay you should contact that agent's broker in charge. If you do not get satisfaction from the broker in charge then contact your state's Real Estate Commission and complain long and loudly.
How much commission you make an independent insurance agent?
An independent Insurance Agent can negotiate with an insurer for his or her commission rate. Most independent agents represent many insurers with various commission and premium rates in order to offer a wider range of policies and companies than a captured agent would to the insured. That's just part of being an Independent insurance Agent. You have more than one company to offer. Most companies that an Independent Agent places coverage with will initially offer a set commission rate. If the agent performs well they can then renegotiate
What is an agent's take called?
Commission
