That means that, although your sales representatives are entitled to commissions on sales that they procured pre-termination, most commission agreements can be terminated by the company.

Many companies do not formalize commission arrangements with sales representatives in a formal contract. They shake hands, they have a custom of paying a certain rate for several years, or they ...

The California Association of Realtors is updating its purchase agreement to include language that could put a buyer’s broker commission squarely on the buyer’s shoulders.