Being a stockbroker requires more than just public speaking and good networking. The profession, although known for its flexible schedules and professional autonomy, needs a lot of planning and organization to function at its best. And, even if there is preparation and study, the universe of brokerage can bring us many doubts, which must be resolved as soon as possible so that we can practice the profession in the best way. One of the questions that keep new brokers and brokerage students awake at night is: how do commissions work? They make up, after all, a large part—or even the entirety—of a realtor's source of income. Therefore, it is precisely on her that we will focus today. Want to learn all about commission from realtors? Just stay with us! Who decides what the commission amount will be? This is one of the most common questions in brokerage.
After all who stipulates the percentage the broker will receive after each trade? Even self-employed brokers, those who work for themselves, are subject to a federal law regulated by the Regional Council of Realtors (CRECI) that defines a remuneration margin. Therefore, not even freelance brokers can stipulate Whatsapp Mobile Number List amounts for their commissions; they are decided and legitimized in advance. In this way, the commission values follow a table delimited by the CRECI of each state . However, there are particular cases in which the rule is disregarded and, in its place, other measures are applied. This is the case with real estate partner brokers or brokers hired by CLT, which we will talk about later.
The 6% rule and its exceptions Commission: broker delivers key to couple For CRECI, as a rule, the base commission of the realtor is, in fact, 6% of the value of the negotiation . However, there are some caveats that need to be taken into account. In other words, the 6% rule does exist, but it is not the only one. It may end up varying according to some aspects , such as the type of property traded or the brokerage model with which . Because of this, there are new percentages proposed by CRECI that vary in value. has the following commission plan: For sale of urban and industrial properties: 6 to 8% of the value to the realtor; For sale of rural properties: 8 to 10% of the value to the realtor; For judicial sale (determined by a court): 5% of the value to the realtor; For ordinary rentals