Definition: A commission or partial payment received by a broker in advance of completing the real estate service.
Pronunciation: əd-ˈvan(t)s
Used in a Sentence: The seller paid the broker an advance fee when he listed his house for sale.
Definition: A commission or partial payment received by a broker in advance of completing the real estate service.
Pronunciation: əd-ˈvan(t)s
Used in a Sentence: The seller paid the broker an advance fee when he listed his house for sale.