What type of compensation is not allowed in Connecticut?

In Connecticut real estate practice, net amount compensation is not allowed because it can create conflicts of interest and does not align with the regulatory framework that governs real estate transactions. The laws emphasize transparency and fair compensation structures to protect both consumers and real estate professionals.

In contrast, percentage-based commissions, flat fee agreements, and hourly rates for broker services are all allowable forms of compensation as they offer clear methods for compensating agents based on the services they provide. These structures can benefit both parties involved in a real estate transaction, fostering a more straightforward and accountable approach to compensation.