Kovats Real Estate School Practice Test 2025 - Free Real Estate Practice Questions and Study Guide

The correct answer is that an employing broker has ten days to pay a salesperson their commission after receipt, unless a different agreement has been established in writing. This timeframe is generally set to ensure timely compensation for the salespersons' efforts and to foster trust and professionalism within the real estate industry. Adhering to this guideline helps maintain good working relationships between brokers and salespeople, providing clarity about payment expectations.

While there may be different arrangements in place based on specific agreements, the ten-day rule serves as a standard operating procedure to promote fairness and transparency in commission payments.