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URL:https://www.learndesk.us/class/5224100152737792/lesson/ac0e6e5e90ece257d8df2dfaba7c76d5?ref=outlook-calendar
SUMMARY:Commission-Related Practices
DTSTART;TZID=America/Los_Angeles:20260515T190000
DTEND;TZID=America/Los_Angeles:20260515T200000
LOCATION:https://www.learndesk.us/class/5224100152737792/lesson/ac0e6e5e90ece257d8df2dfaba7c76d5?ref=outlook-calendar
DESCRIPTION: Prohibitions Price fixing. When two or more brokers get together and agree to charge the same set commission percentage or fee for their services, this is called price fixing. Price fixing is against the law and leads to monopolies wherein competition is restricted. Antitrust laws encourage and protect competition and can impose criminal penalties on price fixers. Each broker must establish his or her own commission rate separately from other brokers.
Sales associate contracting directly with the principal. Sales associates work under the employment and supervision of a broker. They are prohibited from contracting directly with the principal or being paid directly by the principal. Any commission the sales associate receives must come directly from the employing broker based on the commission agreement the associate has with the broker and not directly from the principal.
Sales associate suing principal for commission. Because all contracts are between the principal and the broker,...

https://www.learndesk.us/class/5224100152737792/lesson/ac0e6e5e90ece257d8df2dfaba7c76d5?ref=outlook-calendar
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