Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [commission]

61 questions
53
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9 answers

When buying a property, is your agent's incentive contrary to yours?

My understanding is that buyers agents are typically paid half the overall commission of a property sale, which itself is some percentage of the sale price. That means that as the sale price goes up, so does the commission the seller's agent. This…
Alexander
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How does Fidelity make money off me?

I have an IRA account with Fidelity which I use to buy a handful of Fidelity mutual funds. Since they are Fidelity mutual funds, Fidelity does not charge commission on them. So how then does Fidelity make money off a customer like me?
David says Reinstate Monica
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Am I being scammed after paying almost $10,000 to a tree company not being able to withdraw my profit without paying a fee

I was contacted by a woman on Instagram who told me I could make a $50,000 profit after sending in $500. This has been going on since August 2022. The senior trade manager told me that my account had been disabled, and she asked me for my driver's…
Lee
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Is selling your house without an agent worth the hassle?

There have been numerous "for sale by owner" signs appearing recently. This seems like a convenient way to reduce the commission charged by Real Estate agents but I have heard that this is still a "closed" market unless one already has a buyer…
Zephyr
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Should I become real estate agent to save on buying my own home and sell existing one?

I see cost to sell a home is at least 6% in commission and some expenses. I am planning to sell my $200K home and buy a new one of about $500K. Without arguing which party( buyer/seller) pays for the commission. If I become Real Estate Agent ( I am…
Raj
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15
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No transaction fee ETF trades - what's the catch?

I just noticed TD Ameritrade has program where you can trade from a list of ETFs with zero fees. Sounds like it could save me a bit of money, but my cynical side wonders how they make money off such a program... Is it a loss leader? (They entice me…
bstpierre
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Why can Robinhood offer trading without commissions?

I was wondering why the startup Robinhood can offer free stock trading, while other online stock brokers charge commissions. How is it possible that this is the first initiative that offers this kind of free stock trading? Do you think that this…
Robert Dijkstra
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Do I owe a finders fee to my tenant's broker if they didn't bring me the referral?

I am currently using a broker to help me find new tenants for my rental home. Currently, she has only advertised the home on Craig's list. However, at an open house that she was hosting for another home that was for sale, she stumbled across a…
Terry
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2 answers

Did the recent trend among stock brokers to switch to commission-free stock trades result in a degradation in trade execution quality?

I read on https://www.cnbc.com/2020/08/13/how-robinhood-makes-money-on-customer-trades-despite-making-it-free.html (mirror): Before, when brokers charged commissions for each trade, they often were promising a best possible execution, meaning they…
Franck Dernoncourt
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FSBO seller, shows house to potential buyer, then get's contacted by a Buyer's Agent asking for commission amount

I have my house for sale. A potential buyer contacted me directly, I showed the house to his family and had various emails/telephone conversations with them. About a week later, I get a call from a realtor saying he has a potential buyer for my…
JAC
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Maximize trading commission bonus

As a new client of a broker I'm given $300 of free commission on trading (basically on everything: stocks, options, futures etc). Is there a way to capitalize this bonus by creating some combination of trades?
KingBOB
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1 answer

What dictates the costs of creating an options contract? (Commissions breakdown)

What are the exact components of options commissions? In other asset classes like stocks, I can clearly see the evolution of regulatory changes that allowed businesses to compete on the price of commissions, and the floor in pricing for stock trades…
CQM
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Can you use external money to pay trading commissions in tax-free and tax-deferred accounts?

I contribute the max to my Roth IRA every year ($5500 in 2013, for example). However, let's say I use that money to buy two stocks, with a commission $10 each, so I am effectively only contributing $5480. Admittedly this is pretty small but that…
Craig W
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What is the standard real estate commission to sell a million dollar home?

I want to list my condominium for US $1.3 million. How can I decide on a fair real estate commission?
aaazalea
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Why might a brokerage firm stop offering a particular ETF commission free?

I have been happily buying units of IVV commission free via TD Ameritrade. They just revised their list of free ETFs and sadly IVV is not one of them. Most of the other institutions don't offer it free either (Fidelity does but I have some other…
Sridhar Sarnobat
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