The company "dollar" is the money that is left after the salesperson gets their "split" of the commission from a completed "transaction".


These are questions that the above text answers:

1. What is the definition of the term "dollar" in real estate commission calculations?
2. What is the meaning of the term "split" in real estate commission calculations?
3. What is the definition of a "transaction" in real estate commission calculations?
4. How is the "dollar" calculated in real estate commission calculations?
5. What happens to the "split" of the commission in a real estate transaction?
6. What is the role of the salesperson in real estate commission calculations?
7. What is the purpose of the "dollar" in real estate commission calculations?
8. How does the "split-and-dollar" system work in real estate commission calculations?
9. What is the significance of the "transaction" in real estate commission calculations?
10. How does the "split-and-dollar" system impact real estate commission calculations?

Referral fees between brokers are "legitimate and acceptable" as long as the broker receiving the fee is not also being paid for other services in the same real estate transaction. It is never acceptable to charge "hidden fees", "secret profits", or "duplicate fees".


These are questions that the above text answers:

1. What are the conditions for referral fees between brokers to be considered legitimate and acceptable?
2. What types of fees are considered unacceptable in real estate transactions?
3. Can a broker receive a referral fee if they are also being paid for other services in the same transaction?
4. What are some examples of fees that are considered hidden or duplicate fees in real estate transactions?
5. Are referral fees between brokers regulated by rules and regulations?
6. Can brokers receive referral fees without providing any other services in the transaction?
7. What is the consequence of charging hidden fees in real estate transactions?
8. Are duplicate fees allowed in real estate transactions?
9. What is the importance of following the rules and regulations regarding referral fees between brokers in real estate transactions?

Real estate commissions are based on a "percentage of the sales price" that is "mutually agreed to" by the people involved.


These are questions that the above text answers:

1. How are real estate commissions calculated?
2. What is the common method used to calculate real estate commissions?
3. What factor determines the percentage of the sales price used for real estate commissions?
4. How do people involved in a real estate transaction agree on the commission percentage?
5. What is the typical cost structure for real estate commissions?
6. What is the primary factor considered when determining the costs involved in real estate commissions?
7. How are the costs of real estate commissions determined in a transaction?

Real estate commissions are typically paid when the "sale is complete", meaning when "escrow" closes.


These are questions that the above text answers:

1. When are real estate commissions typically paid?
2. What does it mean for a sale to be considered complete in real estate?
3. When does escrow close in the context of real estate transactions?
4. What is the purpose of paying real estate commissions?
5. How are real estate commissions calculated?
6. Are real estate commissions paid by buyers or sellers?
7. What is the significance of understanding real estate commissions for buyers and sellers?
8. What are some methods used to calculate real estate commissions?
9. What is the role of escrow in the payment of real estate commissions?

Agreements between real estate brokers to "split commissions" that are made verbally, rather than in writing, are still legally binding.


These are questions that the above text answers:

1. Are verbal commission splitting agreements between real estate brokers legally binding?
2. What is the topic of the "CA Real Estate Fact Sheets Set 01"?
3. Can real estate brokers make commission splitting agreements in writing?
4. Are there any specific requirements for commission splitting agreements in real estate?
5. What is the focus of the "Real Estate Commission Calculation Methods"?
6. Can real estate brokers legally split commissions without a written agreement?
7. Are there any limitations on commission splitting agreements in real estate?
8. What is the legal status of verbal commission splitting agreements in real estate?
9. Are there any consequences for brokers who violate commission splitting agreements in real estate?