PROBLEMS and CASES
Title of the Case
REAL ESTATE BROKERAGE PRACTICE
PROBLEMS and CASES
Sales Agents and Commission
Time Context
Current RESA GM E.g. If Percentage salespersons get sale If PC gets sale GM: 2% Licensed Broker 6% SM: 1.5% AM: 2.5% Total: 6%
Salespersons SM % depends on the broker Salespersons don’t have right to Demand to split of commissions (rule 4 SEC.31)
AM
Professions Fees are subject to VAT, monthly
Percentage TAX , Quarterly tax before to split the money to his salespersons
BROKERS TASK
-have an own office
-the fee is directly goes to them
-withheld
-releases Official Receipts
REAL ESTATE BROKERAGE PRACTICE
PROBLEMS and CASES
The