Practice Of Real EstateLicense LawEASY
From whom does a real estate salesperson receive their compensation in Illinois?
Correct Answer
D) The sponsoring broker
Compensation flows from the sponsoring broker.
Answer Options
A
The buyerB
The sellerC
The salespersonD
The sponsoring brokerVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
agency-relationshipsbroker-supervisioncommission-splits
Key Terms:
sponsoring brokercompensation flowIllinois Real Estate License Actsalesperson paymentbrokerage supervision
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