All New York rules

Compensation

Agency clarity and compensation

A broker must make clear which party the broker acts for and may not receive compensation from more than one party except with the broker client's full knowledge and consent.

Quick answer

What does 19 NYCRR 175.7 say about compensation?

Section 175.7 requires a broker to make clear which party the broker acts for. A broker may not receive compensation from more than one party unless the broker's client has full knowledge and gives consent. Separately, Real Property Law section 442-a directs a salesperson's compensation for licensed work through the duly licensed broker with whom the salesperson is associated.

The controlling distinctions

What to remember when the answer choices are close.

1

The person who writes a check does not automatically become the broker's client. Agency comes from the representation relationship, not the payment path alone.

2

The text of section 175.7 calls for the full knowledge and consent of the broker's client when compensation comes from more than one party.

3

Compensation disclosure does not by itself create informed consent to dual agency. Agency and compensation must each be analyzed under the rule that governs it.

4

A salesperson cannot bypass the associated broker by accepting a direct commission, bonus, or referral payment for licensed work.

A decision path

Work through the rule in this order.

  1. 1

    Identify the client

    State clearly which party the broker represents before analyzing who may pay.

  2. 2

    Count the paying parties

    Distinguish compensation from one party from compensation received from more than one party.

  3. 3

    Apply the client-consent rule

    If the broker will receive compensation from more than one party, look for the broker client's full knowledge and consent.

  4. 4

    Keep salesperson payment separate

    If the question asks who may pay the salesperson, apply section 442-a and route compensation through the associated broker.

Worked scenario

The buyer contributes to the listing broker's fee

A seller is the listing broker's client, but the transaction terms call for both seller and buyer to contribute to the broker's compensation.

Best response

The payment structure does not make the buyer the broker's client. Section 175.7 requires clarity about whom the broker represents and the seller client's full knowledge and consent to compensation from more than one party.

Why

Agency and payment are related disclosure questions, but they are not the same legal relationship.

Exam lens

Words in the facts that should slow you down.

who is the clientmore than one paying partyfull knowledge and consentpayment determines agencydirect salesperson bonus

Common exam mistake

Saying that every party's consent is the exact text of section 175.7. The regulation refers specifically to the full knowledge and consent of the broker's client.

Questions students ask

Short answers before you move on.

Does paying a broker make someone the broker's client?

Not by itself. The representation relationship determines agency. Payment is a separate fact that may trigger compensation disclosure and consent requirements.

Whose consent does section 175.7 require?

When the broker receives compensation from more than one party, the regulation calls for the full knowledge and consent of the broker's client.

Can a salesperson receive a referral fee directly?

A salesperson may not receive compensation for licensed real estate work from someone other than the duly licensed broker with whom the salesperson is associated.

Continue with the full subject lesson.

The subject hub adds definitions, scenarios, forms, misconceptions, worked examples, practice, and source context.

This guide supports exam preparation and general education. It does not decide duties in a specific transaction and is not legal advice.