Real Estate Math
A Kentucky agent earns a 6% commission on a $275,000 sale and splits it 50/50 with their broker. The agent then pays 30% of their share to office expenses. What is the agent's net commission?
A$5,775✓ Correct
B$8,250
C$9,625
D$16,500
Explanation
Total commission: $275,000 x 6% = $16,500. Agent's 50% share: $8,250.
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