The bottom-line on how agents get paid, their expenses, and how commissions sometimes lead to bad behaviour.
All tagged Commission
The Benefits of a Mortgage Broker
Not sure whether to trust the Bank? What about a Mortgage Broker? We believe the benefits of using a mortgage broker are greater than going directly to a bank (or credit union).
How is a Mortgage Broker's Commission Calculated?
Compensation for mortgage brokers is typically a percentage of the mortgage amount. This has the potential to drive unethical behaviour that you should learn to identify and avoid.
How is Real Estate Agent Compensation Calculated?
Compensation for buyer agents is a percentage of the home price and only paid on successful transactions. This has the potential to drive unethical behaviour that you should learn to identify and avoid.
Decoding Mortgage Broker Compensation
Compensation for mortgage brokers is typically a percentage of the mortgage amount. This has the potential to drive unethical behaviour that you should learn to identify and avoid.
Why should you use a Mortgage Broker?
People often aren’t sure if they should use a mortgage broker or rely on a bank employee to get them approved for a mortgage. On balance, we believe the benefits of using a mortgage broker outweigh the drawbacks. Find out why.