Tools
 
 
 
 
 
 
In Illinois, commissions earned in a real estate transaction are:
A. Change yearly based on the GNP
B. are determined by an agreement between Broker and Principle
C. are based on a schedule of commission rates set by the Illinois Real Estate Commission
D. May be shared with an unlicensed person provided that person's name not appear as a payee on the commission check
Commissions are always negotiated, not set by any organization.
 
 
1 of 50
Administrators
 
 
Pinky
78310 Points
Educating realtors for 20 years
 
 
Exam Details
 
 
Illinois Specific Sales Agent Real Estate Exam.
Taken: 3,482 times
Added: 9/16/2008
Liked: 1 time
Audience: Professional

Embed
 
 
Study Groups Using this Exam
 
 
Real Estate License
869 Members
This is a study group dedicated to those wishing to become real estate Sales Agents or brokers.
 
 
Comments
 
 

Be the first to comment on this exam.