Graded Commission


Definition of "Graded commission"

Russell Bly
  Charles Rutenberg Realty

Compensation that varies with the class and type of insurance sold. Many insurance companies offer varying commissions according to the volume of business an agent places with the company.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Total Loss Only (tlo) Insurance

Ocean marine policy that pays an insured only if a ship or cargo is a total loss. Because total loss ...

Sensitivity Analysis

Simulation that enables investors to determine variations in the rate of return on an investment pro ...

Wrongful Termination Claim

Under a general liability policy, a claim by an employer arising when an employee terminated by a su ...

Lapse Risk

Measure of the sensitivity of the insurance company's liability to changing policy surrender distrib ...

Business Income Coverage Form

Type of commercial property policy that provides coverage for a business' indirect losses resulting ...

Surplus Ratio

Percentage of total assets set aside by an insurance company to provide for unexpected losses. In ge ...

Related Real Estate FAQ

What Is A Proration?

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

What Is An Escrow Officer?

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

What Is A Default?

A default is when a person fails to make payments on a loan. ...

What Is An Origination Fee?

An origination fee is a fee paid to a lender for processing a loan application. ...

What Is A Counteroffer?

A counteroffer is an offer made by one party that makes changes to the original or latest offer of t ...

Do I Need Life Insurance?

Whether you are a .boomer. an .X-er. or an .empty Nester. it is never to or too late . to think abou ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? Why Use a Real Estate Agent? 5 U.S. Cities with the Best Public Transportation How To Sell Your Home What is Earnest Money

FAQ

What is a conventional mortgage? What are jumbo mortgages? What is an overall debt ratio? What happens when a property starts to depreciate? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee?