Question

When a similarly appointed agent provides another agent with a referral, which results in a sale, the commissions paid are generally

Answer 1

When a similarly appointed agent provides another agent with a referral, the commissions paid are generally determined by the company's commission structure and policies. The referring agent may receive a percentage of the commission generated from the sale as a referral fee.

Step-by-step explanation:

When a similarly appointed __agent provides another agent with a referral, which results in a sale, the commissions paid are generally determined by the company's commission structure and policies. The referring agent may receive a percentage of the commission generated from the sale as a referral fee.

For example, let's say Agent A refers a potential client to Agent B. Agent B successfully closes a sale with that client, earning a $10,000 commission. If the company's commission policy states that referring agents receive a 10% referral fee, Agent A would receive $1,000 from the sale.

It's important to note that each company may have different commission structures and policies regarding referrals, so the exact amount of commissions paid can vary.