A Louisiana agent lists a property and it sells for $178,500. The total commission is 6% and the listing agent earns 3.5% of the total commission as their split. What does the listing agent earn?

Explanation

Total commission = $178,500 × 6% = $10,710. Listing agent's share = $10,710 × 3.5% . Wait, if the split is 3.5% of total commission: $10,710 × 0.035 = $374.85. Alternatively, if the listing agent's side is 3.5% of the sale price: $178,500 × 3.5% = $6,247.50. Clarifying: listing agent earns 3.5% of sale price = $6,247.50.