Ask Elliott 47: Calculating referral fees

Elliott will answer any questions that you may have about the laws, rules or code of ethics. He never will divulge specifics of your name or company. Some questions will be posted here. Email your questions to askelliott@caplanschool.com.

I think you would know the answer to this question. When a referral fee is calculated, it is taken off the full commission of either the seller’s or lister’s end, not just the agents portion, right?

Please clear this up for us. Hope everything is good with you. Thanks.

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