Discuss brokerage commission calculations, including any differences between listing and procuring brokers, calculations for different property types and variations between different markets.

Answers

Answer 1

Divide the average sale fee via the average square photos to calculate the common price of all properties consistent with rectangular feet.

Multiply the commission price via your house's asking fee. for example, if paying a 6-percent fee on a $2 hundred,000 sale fee, multiply zero.06 via two hundred,000. The result is 12,000, or a $12,000 commission to sell your house.

Whilst a consumer can pay a fee to shop for or promote protection, it gets broken up between the brokerage organization and the fee broking. typically, agents who execute extra trades acquire a bigger proportion of commission from their brokerage corporation.

There are 5 major strategies used whilst carrying out a property evaluation: the contrast, profits, residual, contractors, and that investment. An assets valuer can use certainly one extra of these techniques whilst calculating the marketplace or apartment price of a property.

A brokerage agency's number one responsibility is to act as an intermediary who assists or represents shoppers and dealers within the transaction method. A broking who owns a brokerage employs other actual estate agents to work under them. brokers are capable of overseeing more technical elements of real property transactions.

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Related Questions

In the loanable funds market, an increase in government borrowing will most likely:_________

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In the loanable funds market, an increase in government borrowing will most likely decrease bond prices and increase interest rates.

What is the impact of an increase in government borrowing?

The loanable funds market is a market where the exchange of loanable funds take place. Interest rate can be described as the cost of borrowing. It is the amount a lender demands from the borrower for use of her funds.

When government borrowing increases, there would be a rise in interest rate. This is because the demand for loanable funds is rising faster than the supply. This concept is known as crowding out. Due to the high interest rate, private individuals would be discouraged from borrowing. Thus, the supply of loanable funds would exceed the demand for loanable funds.

Here are the options:

A. decrease bond prices and increase interest rates.

B. decrease both bond prices and interest rates.

C. increase bond prices and decrease interest rates.

D. increase both bond prices and interest rates.

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A form which records the check amount, date, payee and purose of the check is called a:_______

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A form that records the cheque amount, date, payee and purose of the check is called a debit.

A cheque, or take a look at (American English; see spelling variations), is a report that orders a financial institution (or credit union) to pay a particular amount of money from a person's account to the person in whose name the cheque has been issued.

The character writing the cheque, referred to as the drawer, has a transaction banking account (often called a cutting-edge, cheque, chequing, checking, or proportion draft account) wherein the cash is held. The drawer writes diverse information inclusive of the monetary quantity, date, and a payee on the cheque, and symptoms it, ordering their bank, known as the drawee, to pay the amount of money said to the payee.

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Answer: check stub

Explanation:

When deciding whether or not to escalate commitment to a chosen course of action, our choice should depend on:
a. the expected value of further investment.
b. our sunk costs.

Answers

option a is the correct answer

When deciding whether or not to escalate commitment to a chosen course of action, our choice should depend on: the expected value of the further investment.

Commitment bias, also known as commitment escalation, describes the tendency to stick to past actions, especially those that have been publicly demonstrated, even when they don't produce the desired outcome.

The main reason for this is an unwillingness to admit that previous decisions were wrong. We, therefore, encourage you to check the accuracy of these previous decisions by doing more to support them. Engagement escalation occurs because our thinking is not rational.

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Which of the four main methods of international entry did assan motors employ to expand into the u. s.? What are the strengths and weaknesses of this approach relative to the other three approaches?

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There are five basic options available: (1) exporting, (2) creating a wholly owned subsidiary, (3) franchising, (4) licensing, and (5) creating a joint venture

What is joint venture?

A joint venture is a business company formed by two or more partners that is distinguished by shared ownership, returns and risks, and governance.

The total success rate of alliances is about 50%, and the average joint venture life span is only five to seven years.

The joint venture must include at least two natural persons or entities as partners. Capital, labor, assets, skill, expertise, knowledge, or other resources valuable for the single operation or project may be contributed by the parties. The formation of a joint venture is determined by facts unique to each situation.

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What level of measurement is the cost (amount) of an admission ticket to a movie theater?

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Ordinal level of Measurement for define the categories such as costly, less profitable, more difficult etc

What is Ordinal level ?

The second of the four measurement scales is ordinal level measurement. "Ordinal" means "in order." Ordinal data is quantitative data that has naturally occurring orders with no discernible distinction. It can be named, categorized, and ranked.

The ordinal scale is a statistical data type in which variables are ordered or ranked but there is no degree of difference between groups. The ordinal scale incorporates qualitative data; the term "ordinal" means "order." It ranks variables and only allows you to quantify their value as higher or lower on a scale.

Cases in the same class are regarded as equal. Movie ratings, political allegiance, military rank, and other variables that use ordinal scales are examples.

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Why are incidental costs sometimes ignored in inventory costing? Under what accounting constraint is this permitted?

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Incidental costs sometimes are ignored in inventory costing because  Incidental expenses are minor, non-budgeted expenses that are not directly related to primary service and do not arise during the normal course.  Incidental cost which include  the costs of transportation, meals, and lodging are common when an employee travels for business Inventory costs.

By calculating the most economic order quantity the firm attempts to determine the order size that will minimize the total inventory. Such practice of ignoring the incidental cost is permitted by materiality constraint because such cost will not affect the decisions of the business entity costs.

Materiality constraint means that transactions of little importance should not be recorded. A transaction may be recorded, but its importance and significance should be kept in mind. For example, a newly purchased pencil is an asset of the business. Whenever the pencil is used, a part of the asset is consumed.

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True or false: projects should always be discounted at the firm's overall cost of capital

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It is false that projects should always be discounted at the firm's overall cost of capital .

A firm's overall cost of capital is simply the sum of the firm's cost of equity, cost of debt, and cost of preferred stock.

A company's investment decisions for new projects should always generate a return that exceeds the firm's cost of the capital used to finance the project. Otherwise, the project will not generate a return for investors.

A company investing on a project must know how much money the project will have to generate in order to offset the cost of capital undertaking it and then continue to generate profits for the company.The discount rate makes it possible to estimate how much the project's future cash flows would be worth in the present.

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To identify patterns across transactions, we can use _____.
a. association rules
b. complete linkage
c. centroid linkage
d. k-means

Answers

The anser is d- k-means

When capabilities serve as a source of competitive advantage for a firm over its rivals, the firm has created a(n):_________

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When capabilities serve as a source of competitive advantage for a firm over its rivals, the firm has created a Core competence.

What is core competence?Core Competence alludes to a collection of extraordinary abilities, tactics, movements, or technology that distinguishes an industry leader from an average competitor. It is a key factor in a company's ability to outperform its rivals and gain a competitive edge over them. The following are the three defining qualities of core competence:Customers see it as having value.It can be used in more markets.It makes it challenging for competing businesses to copy.

The system of the organization, which governs how employees connect with one another, and the cumulative expertise of the individuals are what make the company unique.

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What is the main driving force that determines whether a company will outsource work?

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The cheapest labor and resource prices are the main driving force that determines whether a company will outsource work.

Why company outsource their work?

In addition to giving clients the high-quality service they expect from their favorite brands, outsourcing gives you the time and resources you need to concentrate on other elements of your business. Despite all the benefits, outsourcing is commonly done to run a profitable business model.

What are the risks of outsourcing?

Formally speaking, there are four broad categories in which risks related to outsourcing often fall: loss of control, loss of innovation, loss of organizational trust, and higher-than-expected transaction costs.

Why is outsourcing difficult?

Intellectual properties, including corporate ideas and trade secrets, are subject to lose while outsourcing. The potential of a customer's data being compromised is another concern. A produced program or its rights could be lost if not handled properly.

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Flask company reports net sales of $1,350 million; cost of goods sold of $1,150 million; net income of $230 million; and average total assets of $960 million. compute its total asset turnover.

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Flask company reports net sales of $1,350 million; cost of goods sold of $1,150 million; net income of $230 million; and average total assets of $960 million.  Its total asset turnover will be:-

Asset turnover is calculated by dividing net sales by average total assets.

Net sales - $1350 million

Average total assets - $960 million

Asset turnover - $1350 / $ 960 = $1.41

In this formula, average total assets includes current assets, long term assets and other assets. Net sales is revenue earned by company. Asset turnover is calculated to determine how much sales is earned by using the assets of the company.

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A manager experiences a cashier shortage that averages $50. 00 per day. if the manager's operation is open 360 days per year, what will be this manager's annual revenue loss due to cashier shortages?

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A manager experiences a cashier shortage that averages $50. 00 per day. if the manager's operation is open 360 days per year, 1800 will be this manager's annual revenue loss due to cashier shortages

In colloquial language, the average is a single number representing a list of numbers, usually the sum of the numbers divided by the number of numbers in the list. For example, the average of the numbers 2, 3, 4, 7, and 9 is 5.

Suppose there are four types of means: mean, mode, median, and range. In fact, the range is a measure of spread or spread, while others are the most common "measure of central tendency".

Noun. Mean, Mean, Median, Standard means something that represents the midpoint. The average is the quotient obtained by dividing the sum of a set of numbers by the number of numbers. scored an average of 85 points on the test. The mean is the simple mean or the middle value between the two extremes.

In colloquial language, the average is a single number representing a list of numbers, usually the sum of the numbers divided by the number of numbers in the list. For example, the average of the numbers 2, 3, 4, 7, and 9 is 5.

Suppose there are four types of means: mean, mode, median, and range. In fact, the range is a measure of spread or spread, while others are the most common "measure of central tendency".

Noun. Mean, Mean, Median, Standard means something that represents the midpoint. The average is the quotient obtained by dividing the sum of a set of numbers by the number of numbers. scored an average of 85 points on the test. The mean is the simple mean or the middle value between the two extremes.

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What quantity will the sellers be able to sell after the imposition of the price floor?

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If a price control makes production unprofitable or only slightly more lucrative than average, the amount supplied declines. A price limitation does not necessarily make output unprofitable or insufficiently profitable for all producers in a field.

Effects of a pricing floor. The government imposes a price floor to force consumers to pay manufacturers a minimum amount. In cases where the government feels that producers are obtaining an unjust amount, a price floor is created. With the sole purpose of aiding producers, price floors are imposed. Price floors do have certain negative market implications, though.

Price floor and pricing ceiling are both governmental measures of price regulation. But there is a limit or constraint on how low a price can be set for any good. Government-set minimum prices for specific goods and services are required by law in order to protect producers from receiving extremely low prices.

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If producers are willing to sell 20 cans of soda at a total price of $10 and a local restaurant offers to pay $16, then producer surplus is equal to __________

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If producers are willing to sell 20 cans of soda at a total price of $10 and a local restaurant offers to pay $16, then producer surplus is equal to $6.

Total price=$10

Offers to pay=$16

Surplus=10-16=$6

Producer surplus is the difference between the price a person would accept for a certain quantity of a good and the price they could get for the good if they sold it at market value.

The producer benefits from market sales of the good by receiving the difference or surplus amount.

Market pricing above the lowest price producers would normally be ready to pay for their goods result in a producer surplus. The Walras law may be relevant here.

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Tenant terrell and landlord lorna enter into a commercial agreement wherein terrell will lease a small office space in a strip mall from lorna for a period of five years. the contract does not have a right of first refusal. terrell does extremely well in the first year and wants to expand into an adjoining space when it becomes free in two months. lorna isn't particularly happy with terrell as a tenant and knows that she can do just as well leasing the space out to someone else. what are terrell's options

Answers

After entering into a commercial lease agreement, the answer is since there is no right of first refusal, all Terrell can do is ask Lorna whether she will lease the adjoining space to him.

What is a commercial lease agreement?A commercial lease is an agreement for the rental of property between a landlord and a company. Because renting costs less money than buying, most businesses will prefer to do so. Because the terms are changeable and change significantly from lease to lease, commercial lease agreements are more difficult than residential leases. Understanding the terms of the lease, which outline each party's obligations and rights, is crucial before signing a business lease.

Verify that the conditions of a commercial lease agreement will suit the demands of the company before signing. Unfavorable outcomes may result from failing to establish requirements before signing a lease.

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An extended period of little or no growth in gdp, wages, and prices is a period of?

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An extended period of little or no growth in GDP, wages, and prices is a period of stagnation.

When real economic growth is less than 2% annually it is considered stagnation. Stagnation is a prolonged period of little or no growth in an economy. This no growth economic period affects various sectors of the economy such as GDP, wages, prices etc.

Stagnation can occur as a temporary condition, such as a growth recession or temporary economic shock. Stagnation is a situation which occurs within an economy when total output is either flat, declining, or growing slowly.

Hence, stagnation in economy can occur due to a number of causes.

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Which cost flow method is used most frequently?
a. specific identification
b. fifo
c. lifo
d. weighted average

Answers

The FIFO cost flow method is used most frequently. In its most basic form, FIFO (first-in, first-out) costing allows you to track the cost of an item/SKU based on its cost at the purchase order receipt and apply this cost to each shipment of the item until the receipt quantity is depleted.

According to FIFO, manufacturing expenses are based on the assumption that now the oldest products in such an organization's inventory have just been sold first. The LIFO technique substitutes such expenses with the premise that the most recent products in an organization's inventory had also been sold first.

Therefore, the correct answer will be option (b)

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What is a characteristic of the customer's buying task that can impact salesperson effectiveness?

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Knowledge of alternatives is a characteristic of the customer buying task that can impact salesperson effectiveness.

Consumer buying process---

Consumers go through a set of sequential steps while buying a product. A buying process is the sequence of steps that a consumer takes while making a purchasing decision . A normal consumer purchases includes the recognition of needs and wants .

A consumer will not initiate a purchase without recognition of needs and wants , when consumer feels the need to buy a particular product , he will go for a purchase decision.

Role of salesperson in the selling process is to consider the needs and wants of the consumer at all phases of selling , from approaching the customer to reaffirming the buyer- seller relationship after the sale . The product offered should be capable of meeting customer's needs and wants.

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Many companies will use 3d printers in the production process. a 3d printer is a type of:_____.

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Many companies will use 3d printers in the production process. a 3d printer is a type of industrial robot.

Industrial processes, which are typically carried out on a very large scale, are procedures involving chemical, physical, electrical, or mechanical phases to help in the creation of an object or things. Heavy industry's essential components are industrial processes.

In this production activity, raw materials are processed by being combined to create a final good. An illustration of this is the manufacturing of automobiles, where the steering wheel, frame, engine, tires, and other components are all built individually.

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Organizations should define themselves not according to the products they produce but according to?

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Organizations should define themselves not according to the products they produce but according to how they satisfy their customers. In today's world satisfying a consumer is a important aspect for every company as people do not prefer to run in the rat race of brands. They more focuses on whether they are happy or satisfy with company's products or services.

Earlier doing sale was the only motive of every firm but now this is not so. Organizations uses marketing now a days. Marketing focuses on satisfying customer with sale of goods or services. Marketing also increases the profitability and credibility of the company.

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The goal of advertising a product to differentiate it from competitor's products so that price is less of a factor when a consumer makes a purchase is considered ______ competition.

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The goal of advertising a product is to differentiate it from competitors' products so that price is less of a factor when a consumer makes a purchase is considered nonprice competition.

How to measure industry concentration: the concentration of four companies, the ratio of the output (sales) of the four largest companies in the industry to the total sales of the industry. Herfindahl Index is the sum of the squares of the market share of all companies in the industry.

As differentiation progresses, there may be sufficient demand to offset additional costs.

Each company's share of the total market is relatively small. It is in a very convenient location for our customers to advertise a product.

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Jerome's organization is replacing one of their key information systems to take advantage of the features offered by newer software. What can Jerome use to introduce the new system in a way that lowers stress, encourages teamwork, and increases their chances of implementing it successfully

Answers

To introduce the new system in a way that reduces stress and encourages teamwork and increases your chances of successfully implementing it, Jerome must introduce training to enable employees to use the new system.

How to introduce changes in the organization?

It is essential that managers carry out a set of strategies that help to reduce resistance to changes in the organization, for this, there must be honesty with employees about the needs of change and the benefits that it will bring to the work.

For change to be perceived as positive, employees need to feel prepared to face a change, such as the introduction of new information systems, through training, demonstration and smooth introduction.

Therefore, organizational change can be an opportunity to generate greater speed and reliability at work, as long as employees feel part of the process and that this will bring benefits to their functions.

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So if the answer is $5,505,210. 50, you would input 5,505,210. what is forecast revenue in 2017?

Answers

Forecast revenue in 2017 is 13,642,021.

Why do we forecast revenue?

Revenue forecasting is an important part of any business plan, because it can help strategize how much and how quickly you intend on growing your company.

That said, it is also the most difficult to estimate. This is counter to things like costs and funding, which are far more under your own control.

What Is Forecasting?

Forecasting is a technique that uses historical data as inputs to make informed estimates that are predictive in determining the direction of future trends.

Businesses utilize forecasting to determine how to allocate their budgets or plan for anticipated expenses for an upcoming period of time.

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If the present value of $110 to be received one year from now is $100, what will $100 be worth two years from now?

Answers

the value will be $121 after two years from now.

Accumulating factor

=FV\PV

=110\100

=1.1

so

Value at two year

=110*1.1

=121.

Inflation is the rate of increase in prices over a period of time. Inflation is usually a broad measure, such as a general rise in prices or an increase in the cost of living in a country.

Inflation occurs when prices across the economy rise and the purchasing power of money fall. For example, in 1980, movie tickets averaged $2.89. By 2019, the median price of movie tickets rose to $9.16.

Although high inflation is generally viewed as detrimental, some economists believe low inflation could boost economic growth. The opposite of inflation is deflation, where prices tend to fall. The Federal Reserve is targeting 2% inflation based on the Consumer Price Index (CPI).

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What is a marketing strategy in which the focus is on small but profitable market segments?

Answers

Niche marketing strategy is a marketing strategy in which the focus is on small but profitable market segments.

Niche marketing is defined as the strategy of channelizing  all the marketing efforts towards one well-defined segment of the population. There is one important thing to understand that ‘niche’ does not exist, but  it is created by a smart marketing technique and identifying what the customer wants.

This can be done if the company knows what the customer needs and then tries to deliver a better solution to a problem which was not presented by other firms. A niche market does not mean a small market, but it involves specific target audience with a specialized offering.

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Defining property rights contracts and standards for goods are part of the government's interest in which economic goal?

Answers

Defining property rights contracts and standards for goods are part of the government's interest in public economic goal.

What are property rights and contractual rights?

The property rights contracts and standards for goods  is very essential by Individuals or firms which helps them to be able  to give room for  individuals to enter into agreements with respect to their .

This do follow the  legal system in the event of noncompliance, hence , Defining property rights contracts and standards for goods are part of the government's interest in public economic goal.

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The relationship between the percentage change in the spot exchange rate over time and the differential between comparable interest rates in different national capital markets is known as?

Answers

The relationship between the percentage change in the spot exchange rate over time and the differential between comparable interest rates in different national capital markets is known​ as the international Fisher Effect.

The Fisher effect is an important relationship in macroeconomics. It shows the causal relationship between nominal interest rates and inflation. Higher nominal interest rates lead to lower inflation.

IFE Limits IFE theory is based on the Fisher effect and PPP  Fisher effect limits: the difference between nominal interest rates and real inflation rates does not match.

In the short term, the IFE is generally unreliable due to the many short-term factors that affect forecasts of exchange rates, nominal interest rates, and inflation. The long-term international Fisher effect has been shown to be slightly better, but not by much.

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The process of reinvesting interest earned to generate additional earnings over time is ________. compounding discounting annuity lump-sum

Answers

The process of reinvesting interest earned to generate additional earnings over time is compounding.

Option A. compounding.

Compound interest, simply put, is interest on interest and helps your investment grow faster. By reinvesting your dividends, you give your shares the potential to earn more dividends in the future.

Compound interest is a method of calculating total interest on principal by reinvesting the interest earned. For investors, wealth or capital grows exponentially. Similarly, applying compound interest to liability such as debt would be a heavy burden for the debtor.

Reinvesting interest is the practice of purchasing additional shares or units using dividends, interest, or other forms of distribution of income earned on investments, rather than receiving distributions in cash.

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Which organizational pattern would be most effective for arranging the main points of a speech?

Answers

Problem-solution order would be most effective for arranging the main points of a speech.

By means of far, the most not unusual sample for organizing a speech is through classes or topics. The categories feature as a way to assist the speaker to arrange the message in a constant fashion.

A speech organizational sample refers back to the manner the statistics are organized within the speech. Organizational styles encompass chronological, spatial, cause and effect, hassle-answer, and topical.

A chronologically organized speech sample organizes its primary factors following a sequence of occasions or occurrences consistent with the time they came about. This structure works in particular properly for informative and introductory speeches.

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The form of corporate growth used to minimize shocks in specific markets, exemplified by general electric when it entered markets for appliances, x-ray machines, and elevators, is known as:__________

Answers

The form of corporate growth used to minimize shocks in specific markets, exemplified by general electric when it entered markets for appliances, x-ray machines, and elevators, is known as Diversification.

A corporation that uses diversification as a corporate development strategy creates new goods and services or enters other markets in addition to its current ones. A diversification strategy can help a struggling company get back on track or help already successful businesses grow even more.

By making investments in many sectors that would each respond to the same occurrence differently, it seeks to limit losses. Diversification is the most crucial element of achieving long-term financial goals while avoiding risk, according to the majority of investing specialists, even though it does not guarantee loss.

In other words, it entails making investments in various businesses. There are many advantages to investing in multiple businesses, but it may also be quite hazardous.

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Imagine you are an olympic speed skater. explain which kinds of clothes you should wear to increase your speed. other than air resistance on clothing, what other forces are working against your speed? what are some ideas for reducing these other forces? write a paragraph that is about 100 words long. Samantha sleeps late whenever she can, leaves work early, and never does anything unless she absolutely has to. which best describes samantha? pls help questions 1-2 Smaller neurons require more current to change their membrane potential.a) trueb) false Memories that concern events that are highly significant and are vividly remembered are called? y=alpha sinx +beta cosx is the solution of d^2y/dx^2+dy/dx=0 where (alpha and beta are constant) The hydrolysis of esters in base is called ________. a. the hunsdiecker reaction b. transesterification c. saponification d. the dieckmann condensation Determine what type of model best fits the given situation: the membership of the local pta increases by 3 members a day for each day during the month of september. Please help me with this reaction Find the arc length, x, whenr = 1 and 0 = 5 radians.9591XX =?TT Which equation represents y = x2 + 4x 1 in vertex form? Determine the velocity vector of the given path. r(t) = (9 cos2(t), 3t t3, 2t) Asking a candidate during an interview to indicate how they have responded in the past to an irate customer is an example of which assessment method? Explain the concept quality Which treatment removes prostate tissue using a resectoscope inserted through the urethra? Why was the war in iraq controversial and at times unpopular? Please help and explain. When a researcher is actively engaging and interacting with study volunteers while observing them, it's referred to as:____ Dr. Perillo a nutritionist is an expert on proper eating Thanom has a roll of paper consisting of a very long sheet of thin paper tightly rolled around a cylindrical tube, forming the shape indicated in the diagram.Initially, the diameter of the roll is 12cm and the diameter of the tube is 4cm.After Thanom uses half of the paper, the diameter of the remaining roll is closest to