Amount a manger of real estate receives for his efforts. For example, a manger is to receive 2%
of rentals collected as compensation from the landlord to manage the property. If the rentals
received in a given month are $1,000,000, the manager's commission is $20,000.
Amount received by a real estate salesperson when a property is sold. For example, if the
commission rate is %% and the home is sold for $500,000, the commission would be $25,000.
Governmental agency that enforces legal statues in connection with real estate transactions.