Commission | Definition, Formula & Examples
4:55
Commission | Definition, Formula & Examples
63K viewsSep 11, 2020
Study.com
Here’s how the new commission structure works, and it’s much simpler than people think 🧐. In the past, a seller would hire a listing agent and pay them a commission 💰, from which the listing agent would then compensate the buyer's agent. Now, the main change is that the seller still pays the listing agent, but instead of the listing agent distributing part of the commission to the buyer’s agent, the seller now pays the buyer’s agent directly. 🫱🏼‍🫲🏾 It's that straightforward, nothing compli
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