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Glossary of Terms > C > COMMISSION

COMMISSION

As in all business, salespeople earn commissions for the work that they do, and there are a number of such professionals involved in nearly all real estate transactions. Realtors, loan officers, title company representatives, lawyers, escrow administrators, home inspectors, appraisers, insurance agents -- the list is never-ending. Commissions are paid by the buyer or seller, depending on the circumstances or service, as the parties move forward towards the transaction. Realtors generally earn the largest commissions, followed by lenders and further on down the line.

C Terms

CAP

CAPTIAL GAINS

CASH-OUT REFINANCE

CHAIN OF TITLE

CLEAR TITLE

CLOSING

CLOSING COSTS

CLOUDS

COLLATERAL

COMMISSION

COMPARABLE SALES (COMPS)

CONDO ASSOCIATION

CONDOMINIUM

CONDOTEL

CONTINGENCY

CONTRACT

CONVENTIONAL LOAN

CONVERTIBLE ADJUSTABLE-RATE MORTGAGE (ARM)

CONVEYANCE

CREDIT

CREDIT REPORT