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what does " flat" means int this sentence?: Commmision is 1% flat.


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Lensman400 profile picture Lensman400February 2016
The commission costs 1% flat means that the commission will be exactly 1% of the sale value of the flat not, for example, 1% over the base rate. If the normal rate were 2 % and this particular flat was of particular interest they may charge 1% over the normal rate rather than a flat rate of exactly 1%. I hope this helps
MarineJ profile picture MarineJFebruary 2016
I think it means that the commission costs 1% of the value of the flat ....
What is the context ?