An Illinois property sells for $485,000 with a 6% commission. The listing brokerage and selling brokerage split 50/50. The buyer's agent has a 60/40 split with their brokerage (agent gets 60%). What does the buyer's agent earn?

Explanation

Total commission = $485,000 × 0.06 = $29,100. Selling brokerage's share (50%) = $29,100 × 0.50 = $14,550. Buyer's agent share (60% of brokerage's share) = $14,550 × 0.60 = $8,730. This demonstrates how commission splits work through two levels: first the co-op split between listing and selling brokerages, then the internal split between the brokerage and its agent.