Money

Commissions

How real estate commissions work: rates, splits between agents and agencies, and when they are paid.

Commissions

Australia: how the ATO taxes an agent's commission and work costs

What the Australian Taxation Office says about a real estate salesperson's commission, the deductions an employee can claim, and what changes for super, withholding and GST as a contractor.

16 min read
Commissions

Canberra agency agreements: what ACT rules require on commission

What an agency agreement in the Australian Capital Territory must state about commission, how the 90-day rule limits a fixed term, and when a fee cannot be recovered.

20 min read
Commissions

How a Broker's Commission Is Set, Earned and Paid in Dubai

Dubai's rules fix no commission percentage. They say when a broker's fee is earned, who owes it, how several brokers share it and when it is lost. The texts, read closely.

20 min read
Commissions

What Dubai's brokers earn: published totals and the sums per broker

Dubai publishes what its brokers earn in total, and the press reports what developers pay on off-plan sales. The figures by period, the arithmetic per broker, and the gaps.

18 min read
Commissions

Florida commission law: escrow disputes, referral fees and lien acts

How chapter 475 of the Florida Statutes decides who may be paid a real estate commission, what a broker does with a disputed deposit, and how the commercial lien works.

20 min read
Commissions

New York City's FARE Act: who pays the rental broker, and state rules

Local Law 119 of 2024 bars a landlord's agent from charging the tenant in New York City. What it says, its penalties, and the State rules on fees and shared commissions.

19 min read
Commissions

Singapore agency accounts: where each commission dollar goes

What the published accounts of PropNex and APAC Realty, owner of ERA, show about commission income in Singapore, the share passed to salespersons and what the agency keeps.

18 min read
Commissions

South Australia agent commission: the 90-day sales agency agreement

How a South Australian sales agency agreement sets an agent's commission, what it must disclose on fees, expenses and rebates, and when the commission cannot be claimed.

20 min read
Commissions

Texas: who can legally be paid a real estate commission

Texas law lets a broker share a commission only with licence holders. How sales agents are paid, when a rebate is allowed, the US$50 gift line and when a broker can sue.

19 min read
Commissions

How US real estate agents' commission income is taxed by the IRS

A US agent paid by commission is usually self-employed for federal tax. How the IRS rule works, from Form 1099-NEC to self-employment tax, estimated payments and the QBI deduction.

19 min read
Commissions

Victoria sales authority: commission, rebates and how a fee is lost

What a Victorian sales authority must say about commission, expenses, rebates and commission sharing, how the fee is paid, and the cases where an agent cannot claim it.

19 min read
Commissions

How an agent's commission is set and earned in New South Wales

No scale fixes a selling agent's commission in New South Wales. The agency agreement sets it, and NSW Fair Trading's rules decide when it is earned, disclosed or lost.

18 min read
Commissions

Singapore Property Agent Commission: Who Pays and the One-Side Rule

How a property agent's commission is agreed, when it falls due and who receives it in Singapore, and why one agent may never act for both sides of the same deal.

19 min read
Commissions

How Agent Commission Is Set, Offered and Paid in the USA Today

Since 17 August 2024, offers of pay to a buyer's broker have left the MLS in the United States. Who sets the fee, who may offer it, and who pays it at closing.

19 min read