Real Estate Math
A Delaware broker earns a 6% commission on a sale and splits it 50/50 with the cooperating broker. The listing broker's salesperson then receives 60% of the listing broker's share. If the sale price is $285,000, what does the salesperson earn?
A$5,130✓ Correct
B$4,275
C$8,550
D$7,140
Explanation
Total commission = $285,000 × 0.06 = $17,100. Listing broker's share (50%) = $8,550. Salesperson's share (60% of $8,550) = $5,130.
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