Real Estate Math
A Connecticut seller agrees to pay 5.5% commission on a sale of $598,000. The listing broker and selling broker split the commission 50/50. The selling salesperson receives 60% of the selling office's commission. What does the selling salesperson earn?
A$9,867✓ Correct
B$16,445
C$8,387
D$8,970
Explanation
Total commission = $598,000 × 5.5% = $32,890.
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