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Broker ITS

   Also found in: Acronyms 0.01 sec.
Broker ITS
A pre-opening indication of prices sent to NYSE trading-floor broker terminals.


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Taking this into account, as well as the fact that the commission payable to the agent is customarily one-half of that payable to the tenant's broker, it is conceivable that the owner might be willing to pay the agent its portion of the commission even if the owner could not afford to pay the broker its portion of the commission.
Avoiding the brokerage 'black hole.' (commission agreements where ... by Epstein, Robert C. / Real Estate Weekly
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