Cryptocurrency Q&A
What does 80 20 commission mean?
What does 80 20 commission mean?
Thu Jan 09 2025
|
5 answers
1224
The 80 20 commission typically refers to the 80/20 rule or Pareto principle, which suggests that roughly 80% of results or outputs are often generated by just 20% of the inputs or efforts. In a sales context, it could mean that 80% of sales are generated by 20% of the sales force or that 80% of commissions are earned by 20% of the top performers.
5 answers
Fri Jan 10 2025
In the realm of real estate commissions, a common split is often observed between agents and brokerages.
Was this helpful?
99
26
Fri Jan 10 2025
Conversely, the brokerage would receive the remaining $2,001.
Was this helpful?
395
31
Fri Jan 10 2025
When the commission split is set at 80/20, it signifies that the agent receives the lion's share of the earnings.
Was this helpful?
161
99
Fri Jan 10 2025
For illustration, let's consider a scenario where an agent successfully closes a deal and the total commission amounts to $10,001.
Was this helpful?
192
44
Fri Jan 10 2025
According to the 80/20 split, the agent would be entitled to $8,000 of the total commission.
Was this helpful?
377
87
