Real Estate Math
A house sells for $450,000 with a 6% commission. The listing broker and selling broker split the commission 50/50. How much does each broker receive?
A$13,500✓ Correct
B$27,000
C$54,000
D$67,500
Explanation
Total commission = $450,000 × 6% = $27,000. Each broker receives $27,000 ÷ 2 = $13,500. To solve this, multiply the relevant values: $450,000 at 6%.. The correct answer is $13,500.. This is a common calculation on the Alaska real estate exam.
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