A salesperson may accept a commission from which party?

Prepare for the Kovats Real Estate Exam with our comprehensive quiz. Utilize multiple-choice questions and detailed explanations to boost your confidence and knowledge. Gear up for success!

A salesperson can accept a commission from the employing broker because the employing broker is ultimately responsible for compensating their agents. In a typical real estate transaction, the salesperson acts as a representative of the broker, and any commissions earned during a transaction go to the broker first. The broker then pays the salesperson their agreed-upon share or commission split. This structure is fundamental to how real estate transactions operate and reflects the relationship between salespersons and their employing brokers within the industry.

It is important to note that while the salesperson may have conversations about potential commissions with clients or cooperating brokers, the legal and financial structure of real estate transactions mandates that the employing broker is the actual party to disburse commissions to the salesperson.

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