Real Estate Math
A Kentucky agent lists a property for $425,000 with a 5% commission to be split 55% to the listing broker and 45% to the selling broker. The selling agent earns 60% of the selling broker's share. How much does the selling agent earn?
A$5,738✓ Correct
B$9,563
C$6,004
D$11,475
Explanation
Total commission: $425,000 x 5% = $21,250. Selling broker's share: $21,250 x 45% = $9,562.
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