Real Estate Math
A home sells for $380,000. The total commission is 5.5%. The listing broker and selling broker split the commission equally. The listing salesperson receives 60% of the listing broker's share. What does the listing salesperson earn?
A$6,270✓ Correct
B$10,450
C$11,400
D$12,540
Explanation
Total commission = $380,000 × 5.5% = $20,900.
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