1. A likeness of a person, especially one showing the face, that is created by a painter or photographer, for example. 2. A verbal representation or description, especially of a person. 3. A dramatic representation of a character: the actor's portrait of the famous general. 4.
The last major differences between retail and wholesale is the use of realtors. Realtors serve a very useful purpose in retail as they are experts in their field and help buyers who have no idea how real estate works, how to negotiate contracts or what is needed to protect themselves from bad deals on the market.
If agents are paying a 35 percent fee (or more) to a third-party (including the real estate company) who referred a consumer work with them, that could mean a 4 percent total commission rather than a 6 percent total commission for a real estate transaction.ink. 0. Real estate agent commissions or realtor commissions are fees paid to the listing (representing the house for sale) and selling (representing the buyer of the house) agent at the close of a real estate sales transaction.