Which change specifically relates to the commission structure between a Mortgage Broker and a Mortgage Salesperson?

The commission structure between a Mortgage Broker and a Mortgage Salesperson is specifically impacted by a commission split change. This term directly refers to how the commissions earned from mortgage transactions are divided between the two parties.

In the mortgage industry, it's common for Mortgage Brokers to work with various Salespeople, and the commission split will define how much of the commission each party receives from a successful transaction. A change in this split can have significant implications for the income of a Mortgage Salesperson and how they manage their client relationships, as it outlines the financial agreement that dictates their earnings.

While terms like income adjustment, fee modification, and broker agreement update may relate to different aspects of the business, they do not specifically address the mechanics of how commissions are split, which is the core issue in question. This makes a commission split change the most relevant choice in the context of the commission structure.