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Real Estate Glossary

Welcome to our online Real Estate glossary. To search for a term, use the search box below. To browse our terms, click on a letter of the alphabet and browse away!

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Commission: The fee charged to the seller by the auctioneer for providing services, usually a percentage of the gross selling price of the property established by contract (the listing agreement) prior to the auction.
As defined by National Auctioneers Association

See Also:
 » Brokerage
 » Buyer broker
 » Commission
 » Federal Trade Commission
 » Flat fee
 » For Sale By Owner (FSBO)
 » Real estate agent
 » Real estate broker
 » Broker Participation
 » Cooperating Broker
 » Referring Broker

The definition for Commission and this glossary as a whole are presented to you as a courtesy of ForeclosuresMass. For other terms, explinations, definitions and descriptions, please visit our Glossary page.



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