Real Estate Math
A Louisiana property sells for $410,000 with a 5.5% commission. The listing broker and selling broker split the commission 50/50. The listing broker splits 60% with the listing agent. How much does the listing agent earn?
A$6,765✓ Correct
B$11,275
C$6,682.50
D$13,530
Explanation
Total commission: $410,000 × 5.5% = $22,550.
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