Real Estate Math (alternative)
A Maryland property is listed at $375,000. The seller pays a 5.5% total commission. The listing broker and selling broker split it equally. Each broker receives:
A$10,312.50✓ Correct
B$20,625
C$18,750
D$9,375
Explanation
Total commission = 5.5% × $375,000 = $20,625.
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