Commission rates for real estate agents are established by:

Question

Quizplus · Accepted Answer

Commission rates for real estate agents are not regulated by any government organizations or multiple listing organizations. Instead, they are typically negotiable between the agent and their client(s). However, some local boards of real estate may provide suggested or recommended commission rates for their members. Ultimately, the commission rate is determined through negotiations between the agent and client.

Commission Rates for Real Estate Agents Are Established By