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Which of the following detail what percentage of the commission belongs to you and what percentage belongs to your broker?

a. Commissioner's regulations
b. Commission Splits
c. California real estate protocols
d. IRS Independent contractor Regulations

1 Answer

2 votes

Final answer:

Commission Splits detail the percentage division of commission between a real estate agent and their broker, and this is the correct answer to the question.

Step-by-step explanation:

The question asks which of the following details what percentage of the commission belongs to you and what percentage belongs to your broker. The correct answer is b. Commission Splits. Commission splits are agreements that detail the division of commission between the real estate agent and their brokerage firm. These splits can vary widely depending on the brokerage's business model, the agent's experience, the amount of support provided by the brokerage, and other factors.

answered
User Balaji Viswanath
by
8.2k points
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