The brokers weren't earning enough to pay the monthly fee.
Thus, a broker who sold $10,000 worth of shares in a fund with a 4.5 percent load would earn $144 on the sale.
In a soft market when properties are not moving, the broker really earns his commission.
In fact, she said, consumers who deal with mortgage brokers have an easy time determining how much the broker is earning.
That said, a few provisos: All the recommended funds have a sales charge because that's how brokers earn their living.
So now brokers earn big profits and thrifts are seized by the Government.
The brokers earn a commission each time they trade a 37,500-pound contract for a client.
Most of the 42 in the Morningstar data base are load funds, on which brokers earn sales commissions.
A buyer could also be liable for the amount the broker might have earned on the deal.
But it poses one problem: If the landlord is paying less in commission, that means the brokers are earning less.