Definition : Commission agent

A commission agent is a person or company who acts as an intermediary between a buyer and a seller, earning a commission for facilitating a transaction. They are responsible for negotiating prices, arranging contracts, and ensuring the smooth exchange of goods or services. Commission agents often have specialized knowledge in a particular industry and use their expertise to connect buyers with the most suitable sellers. They play a crucial role in the world of commerce, providing a valuable service to both buyers and sellers by streamlining the buying and selling process.

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