Cryptocurrency Q&A
What is a 70 30 commission split?
What is a 70 30 commission split?
CryptoPioneer
Sun Dec 29 2024
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6 answers
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I heard about a commission structure called 70 30 split, but I'm not sure what it exactly means. Could someone explain to me how this commission split works and what the implications are for each party involved?
6 answers
Martina
Tue Dec 31 2024
The most typical split is 70/30, which means the brokerage earns a larger portion.
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BonsaiVitality
Tue Dec 31 2024
In this scenario, 70% of the commission from a sale is retained by the brokerage.
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Dario
Tue Dec 31 2024
The remaining 30% is allocated to the agent who facilitated the sale.
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HanRiverVisionary
Tue Dec 31 2024
Agent and broker commission splits often follow a standard ratio.
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CryptoWanderer
Tue Dec 31 2024
To illustrate, consider an agent who successfully closes a deal worth $420,001.
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