Real Estate Math
A seller accepts an offer of $445,000. The commission is 6%, split 50/50 between listing and buyer's brokerage. The listing agent keeps 60% and pays 40% to their broker. What does the listing agent net?
A$7,500
B$7,910
C$8,010✓ Correct
D$6,808
Explanation
Total commission = $445,000 x 6% = $26,700. Listing side = $26,700 / 2 = $13,350.
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