- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:29 am
which is either paid by you, the borrower or the lender.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:29 am
The fee is a small percentage of the loan amount, generally between 1% and 2%.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:30 am
Stockbrokers are employees of a brokerage firm.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:30 am
They are paid by their firm to increase revenue and sales.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:31 am
Many investors don't know that when they pay a commission or wrap fee,
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:31 am
the broker and the firm split that.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:31 am
The majority of stockbrokers get about 35% of the commissions they charge you.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:32 am
As the years go by,
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:32 am
agents can rely on referrals from satisfied clients to continue building their business.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:32 am
On average
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:32 am
according to Payscale.com,
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:32 am
real estate agents earn $46,931.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:33 am
Top producing agents make a lot more
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:33 am
agents who sell one home every few months earn less. More experienced agents tend to earn more.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:33 am
Commissions for Online Trades.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:33 am
A stockbroker and brokerage firm may charge you a percentage of your total stock trade or a flat fee as a commission.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:33 am
The "Investor Junkie" website notes that the average commission at online discount brokers was $7.96 in 2012.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:34 am
Yes, there are still human brokers.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:34 am
While most investors use discount brokers such as Schwab,
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:34 am
e-Trade, Scottrade, etc.,
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:34 am
some still use full service brokers.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:34 am
Discount brokers make money on the spread between bid and ask prices, because they typically "make a market" in the stock you wish to buy.
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:35 am
They charge a lot because it takes work and money to market
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:35 am
it is hard to get licensed and become a real estate agent,
- karan
- Posts : 11270
Join date : 2019-01-07
Re: Which is Important currency ?
Wed Jan 09, 2019 10:35 am
they have to pay for dues and insurance and real estate agents usually have to split their commissions with their broker.
Permissions in this forum:
You cannot reply to topics in this forum
|
|