Real Estate Math
A Kentucky listing agent earns a 3% commission on a $465,000 sale price. The agent is in a 70/30 commission split with the brokerage. What does the agent take home?
A$9,765✓ Correct
B$11,655
C$13,950
D$15,000
Explanation
Commission = $465,000 × 3% = $13,950. Agent's share = $13,950 × 70% = $9,765.
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