Definition: A percentage of the money received paid to a broker and/or sales associate for successfully concluding a real estate transaction.
Pronunciation: \kə-ˈmi-shən\
Used in a Sentence: The broker earned 6% commission from the sale of the property.
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
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