Money · Facts & sources
4 sourced facts about sales commissions, especially in real estate, and famous government commissions, each with the context behind the number. 4 more are in today's round and appear here after it closes.
Answerabout 1.5 million members
NAR is one of the largest trade associations in the US, representing agents nationwide.
Source: Wikipedia, National Association of Realtors (2024) en.wikipedia.org
Answer0.1%–0.9% per year
These ongoing commissions are paid for as long as a client holds an investment product, which is part of why some countries have banned them.
Source: Wikipedia, commission (remuneration) (2024) en.wikipedia.org
Answer2014
The Retail Distribution Review phased out these ongoing commissions to reduce conflicts of interest in financial advice.
Source: Wikipedia, commission (remuneration) (2014) en.wikipedia.org
Answer7 members
Chaired by Chief Justice Earl Warren, the commission produced an 888-page final report delivered to President Johnson in 1964.
Source: Wikipedia, Warren Commission (2024) en.wikipedia.org