A Florida listing agent's commission rate is 3% of the sale price. The property sold for $375,000. The listing broker split is 50/50 with the buyer's broker. The listing agent earns 65% of their broker's share. How much does the listing agent earn?

Explanation

Total commission = $375,000 × 6% = $22,500 (assuming 3% is the listing side only, total is 6%). Listing broker's share = $22,500 × 50% = $11,250. Listing agent's share = $11,250 × 65% = $7,312.50 ≈ $7,313. If the 3% is the total commission: $375,000 × 3% = $11,250 total, listing broker gets $5,625, listing agent gets $5,625 × 65% = $3,656. Based on 6% total: $7,313.