Agent Commission

Agent Commission

A form of payment to an agent in which the agent receives a percentage of the value of each transaction that a client orders. Commissions are seen as advantageous to a client because if the client does not make orders, then he/she does not have to pay an agent commission. However, commissions create an incentive for agents to make as many transactions as possible. See also: Fee.
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The big producer news in California is that Covered California there is starting to get control over its agent commission payment problem.
The official statement said, Orange Polska will be remunerated for being an agent in acquisition of clients and for sales of bank products based on an agent commission fee, while sales of non-banking products will be subject to sharing of certain profits, defined in the agreement .
In this regard, when contacted officials of Telenor told that some of the players in the industry have adjusted agent commission in recent days.
The FIO has been collecting data and testimony for almost a year on the challenges to its market created by the higher MLR, which indirectly cuts off agent commission at the knees by considering those fees as part of the administrative element of the ratio and not the care portion.
Travel Business Review-December 3, 2010--Choice Hotels International Introduces New Travel Agent Commission System(C)2010] ENPublishing - http://www.
Finally slashing the price by $10,000 to $529,000 and raising the agent commission to 4 percent, Santillan got an offer in October.
It is worth noting, however, that the promoters of the investment fund may still profit, because they might receive a placement fee at the time of issue and, in some cases, might participate in the agent commission that was received when the business was originally issued.
Aer Lingus, the Irish national carrier, has unveiled plans to cut travel agent commission rates on ticket sales.
He says: "With a typical estate agent commission of two per cent on the average property price, multiplied by the 1.
DON'T want to pay an estate agent commission on the sale of your home?
According to a report by Travel Weekly Magazine, China Southern Airlines has the highest travel agent commission.
Travel agent commission will be applied to paid nights of stay only.

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