English to Hebrew translations [PRO] Bus/Financial - Real Estate | | English term or phrase: kickbacks | | As it relates to the real estate market, as in a type of illegal activity. Does this mean taking bribes? |
| Tal GananiKudoZ activityQuestions: 11 (none open) ( 1 without valid answers) Answers: 62 United States
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| | amlot-shokhad | Explanation: The whole point of kick-backs is that they are a sort of commission: you inflate the order value, and percentage x of it goes BACK (hence kickback) to the person who placed it improperly.
עמלות-שוחד |
| Selected response from: Eynat
| Grading comment Thanks for your help, all. Eynat, this sounds closest to what I was looking for. Good reasoning. 4 KudoZ points were awarded for this answer |
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2 hrs confidence:  peer agreement (net): -1 |
2 hrs confidence: peer agreement (net): -1 |
4 hrs confidence:  peer agreement (net): +1 | amlot-shokhad
Explanation: The whole point of kick-backs is that they are a sort of commission: you inflate the order value, and percentage x of it goes BACK (hence kickback) to the person who placed it improperly.
עמלות-שוחד
| | | Grading comment | Thanks for your help, all. Eynat, this sounds closest to what I was looking for. Good reasoning. |
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4 hrs confidence:  peer agreement (net): -1 | שלמונים
Explanation: Another term.
-------------------------------------------------- Note added at 5 hrs 8 mins (2005-04-20 09:13:58 GMT) --------------------------------------------------
Payment made to someone for referral of a customer or business. Generally speaking, kickbacks are illegal. The reason is that, unlike a commission, a kickback is made without the customer\'s knowledge; thus, the referral could have been made without the customer\'s best interest at heart. Secret kickbacks to a lender from a provider of a service are specifically prohibited by the Real Estate Settlement Procedures Act. Back to top -- View Real Estate Listings
www.maryland-real-estate-online.com/real-estate-terms-K.htm...
| Iris Bat-Or Israel Local time: 10:41 Native speaker of: English, Hebrew
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9 hrs confidence:  | שוחד משולם מטעם מוכר לסוכן הקונה ][קניין
Explanation: a kickback is a bribe or reward [shalmonim, shohad, tovat hana'ah] paid by a seller to an agent of the purchaser, such as a purchasing agent, a government official assigning govt purchasing contracts, etc. In real estate, it could mean money paid to a middleman or agent of the seller to the detriment of his principal, of the seller. An RE broker or salesman might thus get a kickback. Likewise a seller might "kick back" part of his profit to an agent of the buyer. A kickback is not a finder's fee. אין תרגום מדויק לעברית
| eliyahug Israel Local time: 10:41 Native speaker of: English
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