circumcommission
the process in which a customer or client reduces or “cuts” a salesperson’s commission to move forward with the deal. this process is also known as a comissionectomy. it can happen at any point before the salesperson is paid.
realtor 1: i tried to get 7% for my new listing but the seller would only agree to 6% so i lowered my commission and the house will go on the market tomorrow.
realtor 2: looks like she just performed a circ-mcommission on you tuff guy! how much did you lose?
realtor 1: ugh, almost 15%.
realtor 2: just like the first time, huh?
realtor 1: up yours.
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