Connection in this compensation scheme and fact that brokers

Assignment Help Operation Management

Reference no: EM131127606

Most real estate agents are paid entirely by commission. Commissions are usually paid by the person whose property has been sold, and it is normally calculated as a percentage of the sales price. Roughly half of the commission goes to the agent and half to the broker for whom the agent works.

a) What is the likely connection between this compensation scheme and the fact that brokers never lay off their agents?

b) Some real estate brokers split the commission revenues generated by each sale with the responsible agent, as described above. Other brokers, however, require their agents to pay them (the brokers) money upfront, and then allow the agents to keep the entire commission from each sale they make. Which agents would you predict to have the larger volume of sales, those who split all commissions with their employer or those who pay an upfront fee to their employer and then keep the entire commission?

Labor Economics

ECN 451

Reference no: EM131127606

Questions Cloud

Journalize the adjusting entry required assuming the amount : The balance in the unearned fees account, before adjustment at the end of the year, is $31,850. Journalize the adjusting entry required assuming the amount of unearned fees at the end of the year is $6,195.

Definition why is quality so important to an organization : Define quality in your own words. Considering your definition why is quality so important to an organization? Find an example of a company that has experienced a quality problem and describe the situation and its ramifications. Was the problem ever f..

What is bob best-selling product by total sales : Who is Bob's best customer by total sales? Who is Bob's worst customer by total sales? Who is Bob's best customer by total profit? Who is Bob's worst customer by total profit?

A linear combination of the states : (b) Design the gain matrix K to meet the following specifications: (i) the closed-loop system is stable; (ii) the system bandwidth ωb ≥ 1 rad/s; and (iii) the steady-state error to a unit step input R(s) = 1/s is zero.

Connection in this compensation scheme and fact that brokers : Most real estate agents are paid entirely by commission. Commissions are usually paid by the person whose property has been sold, and it is normally calculated as a percentage of the sales price. What is the likely connection between this compensatio..

Journalize the adjusting entry required for unearned rent : On October 1, 2009, Nautilus Co. received $15,300 for the rent of land for 12 months. Journalize the adjusting entry required for unearned rent on December 31, 2009.

, assuming investors are indifferent between the two bonds : If the municipal bond rate is 4.25% and the corporate bond rate is 6.25%, what is the marginal tax rate, assuming investors are indifferent between the two bonds?

Replace these forces with a single equivalent force r : Replace these forces with a single equivalent force R. Show the result on a sketch of the eye bolt.

Explain which security is a better buy : The yield on a corporate bond is 10%, and it is currently selling at par. The marginal tax rate is 20%. A par value municipal bond with a coupon rate of 8.50% is available. Which security is a better buy?

User Account

All Pages