Real Estate Math
A Florida property sells for $460,000 with a 6% commission. If the listing broker takes 55% and the buyer's broker takes 45%, how much does the buyer's broker earn?
A$12,420✓ Correct
B$15,180
C$13,800
D$11,040
Explanation
Total commission = $460,000 × 6% = $27,600. Buyer's broker's 45% = $27,600 × 45% = $12,420.
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