AgencyEASY
From whom does a real estate salesperson receive their compensation in New York?
Correct Answer
D) The sponsoring broker
In New York, salespersons receive compensation only from their sponsoring broker, not directly from clients.
Answer Options
A
The buyerB
The sellerC
The salespersonD
The sponsoring brokerVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
brokerage-operationsagency-relationshipscommission-structures
Key Terms:
sponsoring brokersalesperson compensationNew York Real Property LawArticle 12-Abroker supervision
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