Brokerage

Brokerage is a fee or commission charged by a broker

Kopal Cheema

7 years ago

Published Date: Mar 20, 2018

Updated Date: Mar 20, 2018

Brokerage is a fee or commission charged by a broker. It is calculated as a percentage of the final Sale price.

Usually, it is the seller who pays commission to the broker for finding a buyer for the property.

However, if one is buying the property directly from the developer, no brokerage is required to be paid.

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