Real Estate Math
A listing broker in Alaska splits the 6% commission equally with the buyer's broker. The salesperson who listed the property receives 70% of the listing broker's share. On a $390,000 sale, how much does the listing salesperson earn?
A$7,020
B$8,190✓ Correct
C$11,700
D$16,380
Explanation
Total commission = $390,000 × 6% = $23,400. Listing broker share = $23,400 ÷ 2 = $11,700.
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