Question

What statement is TRUE regarding an agent sharing commissions?

A. Sharing commissions between agents is strictly prohibited by industry regulations.
B. Agents can only share commissions if they hold the same professional designation.
C. Commission sharing among agents is generally allowed, but it must be disclosed and compliant with industry regulations.
D. Agents are not allowed to share commissions under any circumstances.

Answer 1

Commission sharing among agents is generally allowed, but it must be disclosed and compliant with industry regulations.

Step-by-step explanation:

The correct statement regarding an agent sharing commissions is option C. Commission sharing among agents is generally allowed, but it must be disclosed and compliant with industry regulations. Agents can choose to divide the commission earned from a sale with other agents involved in the transaction.