Question

distinguish between commission and brokerage

Answer 1

ANSWER

• The main difference between a broker and an agent has to do with whom they represent.
• Commission is the middle man, who works for an organisation and collects commission from an organisation for successful completion of sale.
• Collects commission from individual.

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Answer 2

Step-by-step explanation:

Commission agent is the middle man who workd for an organisation and collects commission from organisation for successful completion of a sale

ex: Lic agent

Broker is the middle man who works for an individual and not for an organisation.collects commission from only individual

ex: Real estate broker

hope it helps u......❣️