Real Estate Math
A Maine property sells for $520,000. The listing agent earns 3% and the buyer's agent earns 2.5%. The listing agent's company keeps 60% of the listing side commission. The listing agent personally earns:
A$6,240✓ Correct
B$9,360
C$7,800
D$5,200
Explanation
Listing side commission = $520,000 × 3% = $15,600. Listing agent's share = $15,600 × 40% = $6,240.
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