1. The $12,000 gross commission from the deal would pay franchise $840, while broker and agent would split the remaining $11,160.
2. On the referral deal from above, the referral fee would normally come off first and the franchise percentage would come off of the $9000. The agent and broker would then split $8370.
3. Many consumers have the mistaken impression that their agent is pocketing the entire commission that they see on their settlement papers. It never hurts for them to be educated to these facts and understand the net commission actually received by the agent.
